163 
INSURANCE. 
made in the following year. We find from them, that 
infurers, prior to this period, had fecured the confidence 
of the public fo completely, by the bonefty and redtitude 
of their conduit, that few occafions fordifpute had arifen. 
About eighty or a hundred years ago the bufinefs of 
marine infurance in this country was inconfiderable. 
Before that time, Antwerp, and, after the decline of An¬ 
twerp, Amfterdam, Rotterdam, Venice, and Hamburgh, 
were the principal places where infurances were made. 
This circumftance was one caufe of the eftabliftiment in 
1719 of the two chartered companies, the Royal Ex¬ 
change Affurance, and the London Affurance; for an ac¬ 
count of which fee the article Assurance, before re¬ 
ferred to. The rifle in marine infurance may be efti- 
mated by the value of the imports into, and exports from, 
Great Britain, which on an average of five years, ending 
January 5, 1805, were, imports i8,86i,66ol. official value, 
and exports 30,400,4871. official value. The amount of 
the marine-infurance duty in England and Scotland for 
the year ending January 5, 1806, was 215,4851. which, if 
divided into one hundred parts, above ninety-feven would 
be found to be contributed by private underwriters, little 
more than two parts by the Royal Exchange Affurance, 
and confiderably lefs than one part by the London Af¬ 
furance. In the year 1803, the grofs produce of the ma¬ 
rine-infurance duty in England was 113,4641. and the 
aggregate amount of property infured from fea-rifk, in 
Great Britain in that year, may be eftimated at about 
ioo,ooo,oool. 
The property infurable from fire in Great Britain may. 
be comprifcd under the following heads, viz, 
Houfes ------- 
Furniture - 
Clothes, Plate, Books, Horfes, &c. 
Add for Scotland, one tenth - 
Agricultural Stock, i. e. Wheat, Oats, Beans, 
&c. ------- 
Britifh Manufactures for Home Confump- 
tion 75,500,000!. fuppofing one fourth 
of the value to be infurable property 
Britifh Manufactures for Exportation, one 
fourth _ - - - - 
Foreign Merchandife, 40,500,000k take one 
fourth - - - - * - 
Works of Art, in Collections of Pictures, 
Medals, Statues, and Vafes, cannot be ef¬ 
timated at lefs than - 
Shipping.—The value of fliips in har¬ 
bour, from undifputed data , mud exceed 
20, ooo,oool. the (hipping belonging to 
the plantations may be taken at 2,500,000k 
and veffels on the (tocks at 500,000k 
Total, 23,000,000k one fourth of which 
may be taken as infurable property • 
Other Articles, fuch as Magazines of Coals, 
Alum, and other Minerals; Boats, and 
other River Craft; Arfenals, and Public 
Buildings and Offices - 10,000,000 
' Total Infurable Property in Great Britain 557,250,000 
Infurable Property in Ireland, in Houfes, 
Furniture, Agricultural Stock, Manufac¬ 
tures on Hand, Foreign Merchandife and 
Shipping, if taken at two-fifteenths of the 
Infurable Property in GreatBritain, would 
amount to more than 70,000.000k but we 
■will only ftate it at one-tenth 
of 
270,000,000 
135,000,000 
50,000,000 
5,000,000- 
32,500,000 
18,875,000 
10,000,000 
10,125,000 
10,000,000 
5,750,000 
55,725,000 
Potal Infurable Property in the United 
Kingdom - * ^612,975,000 
The progrefs of Infurance may be eftimated from the 
ollowing Account of the Revenue derived from Policies 
if Infurance in Great Britain: £ 
■In the year 1798 - - 138,299 
--t 799 • 143,887 
fOL. XL No. 742. 
In the year 1800 
- 1801 - 
- 1802 
£ 
123,793 
155,229 
167,647 
The following is an Account of the grofs Fire-Infu- 
rance Duty in England and Scotland for one year, ending 
the 5th of January, 1806 ; diftinguilhing the Amount paid 
by each Office refpectively. 
LONDON. £ s. d. 
Albion, (one Quarter, from Michaelmas 
to Chriftmas, 1805) - - - - 
Britifh - - - - - - - 
Globe ------- 
Hand in Hand - - - 
Imperial - 
London - 
Phcenix - 
Royal Exchange - 
Sun ------ 
Union ----- 
Weftminfter - 
3:563 4 
18,744 2 
17,248 10 
12,120 It 
23,141 5 
6,210 3 
59,162 3 
44,°95 1 3 
92,845 3 
4 : 7 8 3 3 
- 12,277 13 
7 
6 - 
2 
3 
11 
5 
to 
3 
11 
1 
3 
COUNTRY. 
,£294,196 
£ 
25 
5 . 
2 
d. 
Bath, Sun ----- 
- 
1,237 
I 
O 
Bath, Old ----- 
- 
2,599 
9 
5 
Birmingham, half a year to Chriftmas, 1 
OO 
O 
ca 
924 
18 
I r 
Briftol, Town - 
- 
3,320 
18 
4 
Briftol, Crown ... - 
- 
D 257 
19 
10- 
Effex, Equitable - 
- 
1,036 
9 
4 
Finchinfield Society - 
- 
52 
O 
6 
Hants, Sulfex, and Dorfet, Winchefter 
£ 
1,312 
18 
2f 
Kent ------ 
- 
4,752 
8 
% 
Liverpool - 
Norwich, Chriftmas, 1804, to Michaelmas, 
2,790 
3 
4 
1805 - - - - - - 3,063 13 3 
Norwich Union, Chriftmas, 1804, to Mid- 
fummer, 1805 - 1,346 11 
Newcaftle upon Tyne - 3,759 5 
Salamander in Wiltfliire - - 2,829 3 
Wooler, Northumberland - - 42 16 
Worceftcr - - - - 1,426 13 
S 
9 
10 
o 
t 
of 30,652 IO 4! 
SCOTLAND. 
Aberdeen ------ 
Dundee ------- 
Edinburgh, Friendly - 
Glafgow ------ 
Edinburgh, Caledonian, one quarter of a 
year ------- 
£ s. 
970 14 
1,521 3 
2,948 o 
U 955 
661 12 7 
8,057 2 7 
Total forthe whole of Great Britain of 332,906 8 if 
It appears from the preceding Tables, that the value of 
property infured in Great Britain 
In 1785 was about 
1789 
1793 
1797 
1801 
1806 
.f 125,000,000 
- 142,000,000 
167,000,000 
184,000,000 
■ 223,000,000 
200,000,000 
The amount of property infured in Ireland is probably 
lefs than 10,000,oool. and the total amount of property 
infured in the United Kingdom about 270,000,000!. 
The Sun Fire-Office was the firft that attempted the 
infurance of goods and of houfes beyond the limits of 
the bills of mortality. They have a fund of 100,000k to 
defray all claims upon them. 
The Imperial has a capital of 1,200,000k on which 10 
per cent, has been depofsted, amounting to i,2co,cool. 
R r The 
