Royal Exchange Assurance

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.

1839.

1839.

1895.

1895.

1899.

1897.

December 1903.

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 pounds 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 was granted. These charters 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 gained to insure vessels and goods on inland waters

1826 Powers gained to make advances on mortgages

Also see Royal Exchange Assurance Corporation

1854 Consolidation of the stocks and powers authorised by Charters and previous Acts

1901 Adopted new constitution by Act of Parliament

See Also

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