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MARINE INSURANCE RATES

(United Press Association.) WELLINGTON, July 3. Replying to inquiries local insurance managers were unable to throw light on the rise in: Panama and; Mediterranean rates, though one "hazarded the opinion that possibly a subnvarine had appeared in fome fresh zone, remarking thiat when a German raider was operating in the Atlantic insurance rates rose similarly,and were lowered when the danger was removed. THE INCREASES EXPLAINED. i (United Press Association.) WELLINGTON, This Day. The Insurance Authorities srtate that, the rise in marine insurances will a.P'Ply onlv -to goods shipped! via Panama to the Mediterranean and v-',a Suez to Allied countries in t-h© Mediterranean. As tor as New Zealand is concerned there will be no rise in rates for -goods snipped via Gape Horn to Great Britain.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19160705.2.18

Bibliographic details

Nelson Evening Mail, 5 July 1916, Page 3

Word Count
128

MARINE INSURANCE RATES Nelson Evening Mail, 5 July 1916, Page 3

MARINE INSURANCE RATES Nelson Evening Mail, 5 July 1916, Page 3

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