If shipwrecks were more common in the past, did people shipping things have a higher expectation that their stuff wouldn’t reach its destination?

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Like, did they just shrug and be like “oh well, I guess we aren’t getting our pineapples this year” or was it a rare and problematic occurence?

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Anonymous 0 Comments

I can’t speak to the mindset of the ancients – but the greeks had romans already had a concept of “things get lost – lets have an insurance policy”

https://logistiq.com/the-origin-of-the-ocean-cargo-policy/

https://en.wikipedia.org/wiki/General_average

The concept is probably even older.

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