What Was The First Life Insurance Company? 
Although Lloyds of London claim to fame was insuring cargo transported by sailing ships in the late 17th century , they begin pricing life insurance shortly after Sir Edmund Halley , of Halleys comet fame , wrote the first actuarial table . In the U.S. the First Presbyterian Minsters fund , a stock company , for ministers was created in 1759 . The New England Life , the first mutual company , in 1835 . 