MARINE INSURANCE RATES.
EXPECTED TO ADVANCE. (By Telegraph.-^Press Association.) WELLINGTO2S, Monday. An unexpected rise in marine insurance rates was announced to-day. Mr O. R. Bendall, president of the Underwriters' Association, received a cablegram from London stating that insurance via the Panama Canal or Mediterranean Sea ■had increased from 30/ to 60/ per cent Replying to inquiries, local insurance managers -msc trnablo to throw light on the rise, though one hazarded the opinion that possibly submarines had appeared in soma fresh zone, remarking that when a German raider was operating in the Atlantio insurance rates rose similarly, and were lowered when the danger-was removed.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19160704.2.50
Bibliographic details
Auckland Star, Volume XLVII, Issue 158, 4 July 1916, Page 7
Word Count
103MARINE INSURANCE RATES. Auckland Star, Volume XLVII, Issue 158, 4 July 1916, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in