Vietnam or Thailand ? Vote for the TOP Country of the Week !
Updated: June 27, 2025
If the sources directly chargeable can not meet the demand, the National Government should not fail to provide generous relief. This, however, does not mean restoration. The Government is not an insurer of its citizens against the hazard of the elements.
In another oration of Demosthenes we discover glimpses of what by many has been deemed maritime insurance, or rather of the fraud at present called barratry, which is practised to defraud the insurer: but, as Park in his learned Treatise on Marine Insurance has satisfactorily proved, the ancients were certainly ignorant of maritime insurance; though there can be no doubt frauds similar to those practised at present were practised.
It must be said, to the credit of Lloyds, that anyone asking to be insured there was never hindered by bureaucratic restrictions, and always found his wishes met to the furthest possible extent. The agencies of Lloyds abroad are also so arranged that both the insured and the insurer can have their claims settled quickly and equitably."
To account for these and other hair-breadth escapes, popular superstition alleged that Yawkins insured his celebrated Buckkar by compounding with the devil for one-tenth of his crew every voyage. How they arranged the separation of the stock and tithes, is left to our conjecture. The Buckkar was perhaps called the Black Prince in honour of the formidable insurer.
Felix Kloman of Risk Management Reports estimated that $21 billion in total annual premiums were paid to captives in 1999. The Air Transport Association and Marsh, an insurer, are in the process of establishing Equitime, a captive, backed by the US government as an insurer of last resort.
Imagine for a moment five million tons of shipping detained, thousands of seamen reduced to want, the trades of the ship-builder, joiner, rigger, and sail-maker stopped, the masses of produce now seeking the coast for shipment arrested on their way by the entire cessation of demand, the banker and insurer idle, the commissioners of bankruptcy, the sheriff, and the jailer busy.
As to any further improvement to be made upon assurances in trade, no question there may; and I doubt not but on payment of a small duty to the government the king might be made the general insurer of all foreign trade, of which more under another head.
J. K. Jerome once suggested that Life Insurance Companies should abolish the application form with its long list of queries concerning the ailments of the would-be insurer, his parents, grandparents, and other relatives, and substitute for it the German cigar test.
If I arrive safely at the port, I shall dispose of my commodities with uncommon advantage; if I miscarry, the insurer will at least suffer with me, and be deservedly punished for his suspicions and extortion.
He, the insurer of little Roger's continuance with the family at a cost the one who loved him best would rather have died himself than pay? Yes! there is no misdoubting this old servitor's attitude of abject appeal, or the meaning of Homer Upjohn's joyfully uplifted countenance and outspreading arms. The servant begs for mercy from man, and the master is giving thanks to Heaven. Why giving thanks?
Word Of The Day
Others Looking