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The original was posted on /r/todayilearned by /u/NateNate60 on 2026-06-22 04:38:38+00:00.

Original Title: TIL in the late 17th century, Edward Lloyd’s coffeehouse in London, which was popular with seamen, started posting shipping-related news. Soon, people began gambling there over which ships would return from sea. Lloyd’s of London eventually became the largest insurance marketplace in Britain.