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A Note on Marine Insurance in Salem

Published online by Cambridge University Press:  24 July 2012

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Extract

Our colonial merchants faced the risk of great loss in shipping by sea. But against these losses they had for a time little recourse except insurance in London—where marine insurance was developing rapidly—and that insurance was slow to arrange and uncertain at best because of the uncertainties of communication.

Type
Other
Information
Business History Review , Volume 14 , Issue 2 , April 1940 , pp. 30 - 32
Copyright
Copyright © The President and Fellows of Harvard College 1940

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