MARINE WAR RISK INSURANCE
BATES AGAIN INCREASED (PRESS ASSOCIATION 'TEMCrSAM.) AUCKLAND, September 20. Marine war-risk insurance rates were again advanced to-day, in some instances .being ' trebled from the announced rate on Monday. According to advices received by merchants, the last shipment of produce from Auckland to England via Panama was subject to war-risk of 6d per cent, and tinder the new scale the next shipment, which will leave in the Rangitane on Thursday, will bear the new rate, where taken up, of 40s per cent. From New Zealand to England the new war-risk rate is 60s per cent, via Suez, 40s via the Cape of Good Hope, and 40s via Panama. Shipments from England to New Zealand via Suez are subject to 30s per cent., via Cape of Good Hope to 20s, and via Panama to 15s.
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Press, Volume LXXIV, Issue 22512, 21 September 1938, Page 7
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137MARINE WAR RISK INSURANCE Press, Volume LXXIV, Issue 22512, 21 September 1938, Page 7
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