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Globe Insurance Company
The Liverpool Fire & Life Insurance Co. was founded in 1836 in response to increased premiums from the London insurance companies. It expanded rapidly, at home and abroad, and after the acquisition of the London insurer, Globe Insurance, in 1864 it became the Liverpool and London Globe Insurance Company. In 1919 it was acquired by another Liverpool firm, Royal Insurance. The enlarged entity merged with the Sun Alliance in 1996 to form the Royal & Sun Alliance Insurance Group. History The genesis of the formation of the Liverpool and London lay in the antagonism between the two cities over the level of insurance premiums. When the London companies increased their rates in 1836 the response was immediate. The Liverpool Fire & Life Insurance Co. was formed in April and opened for business in June. George Holt,a cotton broker, town councillor and one of the founders of the Bank of Liverpool was Chairman, supported by 21 directors, all of whom had to live within 20 miles of the town ...
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Royal & Sun Alliance Insurance Group Plc
RSA Insurance Group Limited (trading as RSA, formerly RSA Insurance Group plc and Royal and Sun Alliance) is a British multinational general insurance company headquartered in London, England. RSA has major operations in the United Kingdom, Ireland, Scandinavia & Canada. It provides insurance products and services in more than 100 countries through a network of local partners. It has 9 million customers. RSA was formed by the merger of Sun Alliance and Royal Insurance in 1996. RSA was listed on the London Stock Exchange until it was acquired by Danish insurer Tryg and Canada's Intact Financial Corporation in May 2021. The transaction closed on 1 June 2021. History RSA was formed by the merger of Sun Alliance and Royal Insurance in 1996. On 4 February 2014, it was announced that Stephen Hester, former CEO of RBS Group would become CEO of RSA with immediate effect. In 2014/15 Hester led a major restructuring of RSA to bolster its finances. Many non-core overseas operations ...
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George Holt (cotton-broker)
George Holt (24 June 1790 – 16 February 1861) was a cotton-broker, merchant and philanthropist of Liverpool, England. Early life George Holt's father, Oliver, had moved from Halifax after impressing the owner of Town Mill in Rochdale with his work ethic and skills as a woollen dyer. The ethic, derived from a nonconformist, principally Baptist, milieu helped him rise to become a partner in the business before establishing his own mill and dye-works in the town. Born on 24 June 1790, George left Rochdale for Liverpool in 1807 to work as an apprentice to Samuel Hope, who was a cotton broker. In 1812, having demonstrated similar qualities to those of his father, he became a partner in Hope's business, which in time also involved banking. The prosperity that Holt enjoyed caused him for a while to enjoy the company of men who favoured sporting pastimes. However, his nonconformist background came to the fore again when he became friendly with William Durning around 1817, havin ...
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Bank Of Liverpool
The Bank of Liverpool was a financial institution founded in 1831 in Liverpool, England. In 1918, it acquired Martins Bank, and the name of the merged bank became the Bank of Liverpool and Martins Ltd. The name was shortened to Martins Bank Ltd in 1928. The successor bank was bought by Barclays Bank, Barclays Bank Ltd in 1969, when all of its 700 branches became branches of Barclays. History Formation By the time that the Bank of Liverpool was formed, there were already seven private banks in the city, the most prominent of which, Arthur Heywood, had been in existence since 1773. However, in 1826 a new Act of Parliament limited the Bank of England's monopoly of joint stock banking to within 65 miles of London and allowed the creation of new joint stock banks in the provinces. The first of the new joint stock banks to open an office in Liverpool (in 1829) was the District Bank, Manchester and Liverpool District Bank, regarded as a "needless humiliation" by the local merchants. Enc ...
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New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ...
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Hamburg
(male), (female) en, Hamburger(s), Hamburgian(s) , timezone1 = Central (CET) , utc_offset1 = +1 , timezone1_DST = Central (CEST) , utc_offset1_DST = +2 , postal_code_type = Postal code(s) , postal_code = 20001–21149, 22001–22769 , area_code_type = Area code(s) , area_code = 040 , registration_plate = , blank_name_sec1 = GRP (nominal) , blank_info_sec1 = €123 billion (2019) , blank1_name_sec1 = GRP per capita , blank1_info_sec1 = €67,000 (2019) , blank1_name_sec2 = HDI (2018) , blank1_info_sec2 = 0.976 · 1st of 16 , iso_code = DE-HH , blank_name_sec2 = NUTS Region , blank_info_sec2 = DE6 , website = , footnotes ...
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Bombay
Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second-most populous city in India after Delhi and the eighth-most populous city in the world with a population of roughly 20 million (2 crore). As per the Indian government population census of 2011, Mumbai was the most populous city in India with an estimated city proper population of 12.5 million (1.25 crore) living under the Brihanmumbai Municipal Corporation. Mumbai is the centre of the Mumbai Metropolitan Region, the sixth most populous metropolitan area in the world with a population of over 23 million (2.3 crore). Mumbai lies on the Konkan coast on the west coast of India and has a deep natural harbour. In 2008, Mumbai was named an alpha world city. It has the highest number of millionaires and billionaires among all cities i ...
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Shanghai
Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowing through it. With a population of 24.89 million as of 2021, Shanghai is the most populous urban area in China with 39,300,000 inhabitants living in the Shanghai metropolitan area, the second most populous city proper in the world (after Chongqing) and the only city in East Asia with a GDP greater than its corresponding capital. Shanghai ranks second among the administrative divisions of Mainland China in human development index (after Beijing). As of 2018, the Greater Shanghai metropolitan area was estimated to produce a gross metropolitan product (nominal) of nearly 9.1 trillion RMB ($1.33 trillion), exceeding that of Mexico with GDP of $1.22 trillion, the 15th largest in the world. Shanghai is one of the world's major centers for ...
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Great Chicago Fire
The Great Chicago Fire was a conflagration that burned in the American city of Chicago during October 8–10, 1871. The fire killed approximately 300 people, destroyed roughly of the city including over 17,000 structures, and left more than 100,000 residents homeless. The fire began in a neighborhood southwest of the city center. A long period of hot, dry, windy conditions, and the wooden construction prevalent in the city, led to the conflagration. The fire leapt the south branch of the Chicago River and destroyed much of central Chicago and then leapt the main branch of the river, consuming the Near North Side. Help flowed to the city from near and far after the fire. The city government improved building codes to stop the rapid spread of future fires and rebuilt rapidly to those higher standards. A donation from the United Kingdom spurred the establishment of the Chicago Public Library. Origin The fire is claimed to have started at about 8:30 p.m. on October  ...
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1906 San Francisco Earthquake
At 05:12 Pacific Standard Time on Wednesday, April 18, 1906, the coast of Northern California was struck by a major earthquake with an estimated moment magnitude of 7.9 and a maximum Mercalli intensity of XI (''Extreme''). High-intensity shaking was felt from Eureka on the North Coast to the Salinas Valley, an agricultural region to the south of the San Francisco Bay Area. Devastating fires soon broke out in San Francisco and lasted for several days. More than 3,000 people died, and over 80% of the city was destroyed. The events are remembered as one of the worst and deadliest earthquakes in the history of the United States. The death toll remains the greatest loss of life from a natural disaster in California's history and high on the lists of American disasters. Tectonic setting The San Andreas Fault is a continental transform fault that forms part of the tectonic boundary between the Pacific Plate and the North American Plate. The strike-slip fault is characterized by ma ...
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Thames & Mersey Marine Insurance
Thames & Mersey Marine Insurance was a large British marine insurance company. History Before 1860, Liverpool’s marine insurance rested on local syndicates, Lloyd’s of London or a small number of London companies. In 1859, John Towne Danson, a Liverpool barrister, published a pamphlet asserting that Liverpool had 50% of UK exports but most of its insurance was written elsewhere. He proposed a new joint stock company, Mersey Marine Insurance Company with £500,000 capital. A search for an experienced London underwriter to head the Company uncovered a similar marine proposal in London, headed by a Mr S. Sleigh. It was agreed that the two companies should be merged and a prospectus was published for the Thames & Mersey Marine Insurance. The capital was allocated as to London 45 per cent, Liverpool 30 per cent and Manchester 25 per cent. The company’s status was changed two years after its formation when it became possible for insurance companies to obtain limited liability under ...
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Workmen's Compensation Act 1906
The Workmen's Compensation Act 1906 was an Act of the Parliament of the United Kingdom which deals with the right of working people for compensation for personal injury. The Act expanded the scheme created by the Workmen's Compensation Act 1897. It fixes the compensation that a workman may recover from an employer in case of accident giving to a workman, except in certain cases of "serious and wilful misconduct", a right against his employer to a certain compensation on the mere occurrence of an accident where the common law gives the right only for negligence of the employer. A 'workman' was defined as: any person who enters into or works under a contract of service or apprenticeship with an employer, whether by way of manual labour, clerical work or otherwise, and whether the contract is expressed or implied, is oral or in writing. Exceptions were made, including non-manual workers employed on annual pay over £250, casual workers employed "otherwise than for the purposes of th ...
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