Wednesday, July 18, 2012

War Insurance In London.

New York Times 100 years ago today, July 18, 1912:
Lloyd's Again Dealing In Anglo-German Risks — Reason Unknown.
 Special Cable to The New York Times.
    LONDON, Thursday, July 18.— The Times says:
    "For some reason, which the underwriters are quite unable to explain, several independent inquiries were yesterday made for terms for war insurance.
    "To cover the risk of an outbreak of war between this country and Germany within the next twelve months six guineas ($30) per cent. is quoted.
    "This risk had not been seen in the market for a considerable time past. Very likely it may not be seen again for some weeks. It is assumed that some of the inquiries were connected with Stock Exchange dealings."

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