Summary |
Past events in a domain like insurance describe and make coherent the ups and downs of the domain over time. It is not only human beings who draw lessons from past domain events; the sum total of such knowledge also gives prominence to history. Without doubt, valuable lessons and knowledge can be learnt from history. History can be categorized into many areas of study, including histories of people, nations, governments and human development, and of various domains of business. It is the story of how, when, and why a particular event took place, and its place among other related events. Past events have a very important place in the world’s treasury of knowledge. We have a complete basis and origin of all insurance knowledge in “Thresholds in Indian Insurance” and the extensive historical accounts are designed to teach us Indian insurance wisdom.
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