The regulation of non-life insurance in the United Kingdom
The Office of Assurances was established in 1575 in the Royal Exchange, at the instigation of the Privy Council (Lewin, 1987a, 1988), to co-ordinate and begin to control the writing of insurance, which was primarily marine insurance, although some life insurance was written on a short-term basis, on principles similar to general insurance. ................
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