War Risk Insurance
p. 32 · Read in the full issue
Reduced
AN interesting sidelight, on the progress of the war is contained in the announcement, made during the month, that the Institute of London Underwriters has made a reduction in cargo war-risk insurance. Rates for trans-Pacific voyages have been reduced from 15 to per cent., while others are down to 11£ per cent. Voyages from the Pacific coast of America to Austra lasia remain at per cent., but from the American Pacific coast to New Zealand and certain islands it is now 6i per cent.