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archaeology

Cuneiform Archive from the Ancient City of Eridu Details First Recorded 'Maritime Insurance' for Meluhhan Traders

📅 April 12, 2026 📰 Mesopotamian Review
Cuneiform Archive from the Ancient City of Eridu Details First Recorded 'Maritime Insurance' for Meluhhan Traders

Excavations in the Sumerian city of Eridu have uncovered a collection of over 200 cuneiform tablets that detail the world's first known maritime insurance contracts. The records specifically mention trade fleets traveling to Meluhha (the Indus Valley) and describe a system where the king provided financial backing for lost cargo in exchange for a 'safety tithe'.

This archive sheds new light on the sophistication of Bronze Age trade law and the high-risk, high-reward nature of the Indian Ocean spice and timber trade. It confirms that the economic relationship between Mesopotamia and India was far more formalized than previously theorized by historians.

Original source: Mesopotamian Review