In which country did social endowment insurance come into being?

"Definition of insurance relationship: in insurance business, the parties and related parties enjoy rights or assume obligations, and at the same time constitute an insurance relationship. It mainly includes the relationship between the insurer (insurer) and (applicant, insured and beneficiary).

Compulsory insurance refers to a kind of insurance required by the state to be insured and underwritten. In this relationship, the state is only an administrative intervener and does not directly participate in the process of insurance and underwriting. The state does not undertake any rights and obligations, and there is still an insurance relationship between the insurer and the insured.