Grace's Guide To British Industrial History

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Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 167,710 pages of information and 247,104 images on early companies, their products and the people who designed and built them.

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 147,919 pages of information and 233,587 images on early companies, their products and the people who designed and built them.

Royal Exchange Assurance Corporation

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Revision as of 08:27, 11 May 2017 by PaulF (talk | contribs)
This is the building of the third Royal Exchange. The first two were destroyed by fire. The first was built in 1571 by Thomas Gresham.
1847.
1856.
1858.
1859.
1864.
1869.
1874.
1876.
1882.
1884.
1890.
1895.
1895.
1899.
December 1928.
May 1935.
March 1936.
1953.
December 1955.
February 1959.
March 1959.
March 1960.
July 1960.

of Royal Exchange, London, E.C.

1717 Established when the subscribers of the Mercers' Hall Marine Co. raised a fund of one million sterling to insure ships and merchandise.

1718 Transacted business of marine insurance under the name of the "Court of Assistants of the Mines Royal, Mineral and Battery Works," with Thomas, Lord Onslow, as Governor.

1720 Incorporated by Royal Charter, and assumed title of Royal Exchange Assurance.

1721 a further Charter granted. These empowered the Corporation to transact Sea, Fire, and Life Assurance business.

1793 Additional powers were obtained "to grant purchase and sell annuities upon or for lives"

1801 Powers to insure vessels and goods on inland waters

1820 The Royal Exchange Assurance Corporation was granted a Royal charter[1]

1826 Powers gained to make advances on mortgages

1854 the stocks and powers authorised by Charters and previous Acts were consolidated

1901 Adopted new constitution by Act of Parliament


See Also

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Sources of Information

  1. ↑ The Times, Apr 23, 1936
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