The risk-sharers

  • P. J. Sidey
Part of the The Nation Today book series (NATO)


When it rained on the church fête at Burlingham-in-the-Marsh, the vicar was paid £200 by an insurance company; when Hurricane Betsy swept over the southern United States in 1965, it cost insurance companies in Britain something like £35 million; the historic Grocers’ Hall burnt in London not long after, adding to a disastrous year of fire damage; several ships sank in the same year; hundreds of cars crunched into hundreds of others and almost every one of them claimed off an insurance company. All the time a great number of people held life-assurance policies — in fact every week more than £10 million was paid out on these policies, that is £1,000 a minute, day and night. Insurance is truly big business.


Life Policy Insurance Policy Life Assurance Enemy Battleship Insurance Broker 
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Copyright information

© P. J. Sidey 1967

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  • P. J. Sidey

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