WAR INSURANCE
Companies Decline {Eeceived 1, 8.45 a.m.) LONDON, Sept. 30. Three .■ hundred companies of all natio.ria/ities to-day agreed to decline jirccptaucG of insuruuce against War risks. " Tlio ttgreement origiuatod at the heginning of 1936 between British firms and the underwriters and had feeen extexidcd after the Japanese bombings. All existing agreements jn Britain from to-morrow will carry a renewal clause avoiding liability for the direct or indirect consequences :Ot war, invasion and other hostilities, .tho companies holding that the risk of damage from War is not a proper subjecfc for insurance, and that thero are no ineans of estimating the ccoiioniic rate. of the premium, 1
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Hawke's Bay Herald-Tribune, Volume 81, Issue 7, 1 October 1937, Page 5
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107WAR INSURANCE Hawke's Bay Herald-Tribune, Volume 81, Issue 7, 1 October 1937, Page 5
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