Note 710 — INSURANCE.
William Johnston translation
[The marine insurers are called in this country under-writers, because they write their names under the policy. Under the authority of statute 6 George I. cap. 18, two corporate bodies, called the Royal Exchange Assurance Company and the London Assurance Company, were chartered by the crown. There are at present seven marine insurance companies in London:—the two old chartered companies above-mentioned; two established immediately upon the passing of the act of the year 1824, the Alliance and the Indemnity Mutual; the Marine, established in 1836; and the General Marine and Neptune, established in 1839.]