Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Saga Age is the period in Icelandic history during which the majority of the sagas of Icelanders are set. It runs from the settlement of Iceland in 870 until about 1056 when the first bishop in Iceland founded a church at Skálaholt. This article is about the history of the areas comprising modern-day Iceland.In geological terms, Iceland is a young island. It started to form about 20 million years ago from a series of volcanic eruptions on the Mid-Atlantic Ridge. The Iceland hotspot is likely partly responsible for the island''s creation and continued existence.