Zong Massacre of 1781

Date: November 29, 1781 • Location: Black River, Jamaica

This milestone marked the outbreak and beginning of this historic period, which spanned 1781.

The crew of the British slave ship Zong murders 54 Africans by dumping them into the sea to claim insurance, beginning the Zong massacre.

Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss.