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Royal Insurance
Royal Insurance Holdings plc was a large insurance business originating in Liverpool but based in London from the early 20th century. It merged with Sun Alliance in 1996 to form the Royal & Sun Alliance Insurance Group. History Formation and early growth On 11 March 1845, a group of prominent Liverpool merchants and businessmen formed a joint stock fire and life association called Royal; within nine days they were advertising an offer to subscribe. It was constituted under a deed of settlement dated 31 May 1845. The business was intended to be almost entirely fire insurance for although the Royal was authorised to accept life assurance, that very much took second place. The first Charman was Josias Booker, a plantation owner and founder of Booker Brothers. Other directors included Charles Turner (MP), Chairman of the Mersey Docks and Harbour Board; John Bramley-Moore, merchant and future Lord Mayor of Liverpool; Thomas Horsfall, first chairman of the Liverpool Chamber of ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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South America
South America is a continent entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere at the northern tip of the continent. It can also be described as the southern subregion of a single continent called America. South America is bordered on the west by the Pacific Ocean and on the north and east by the Atlantic Ocean; North America and the Caribbean Sea lie to the northwest. The continent generally includes twelve sovereign states: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Guyana, Paraguay, Peru, Suriname, Uruguay, and Venezuela; two dependent territories: the Falkland Islands and South Georgia and the South Sandwich Islands; and one internal territory: French Guiana. In addition, the ABC islands of the Kingdom of the Netherlands, Ascension Island (dependency of Saint Helena, Ascension and Tristan da Cunha, a British Overseas Territory), Bouvet Island ( dependency of Norway), Pa ...
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British Companies Established In 1845
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, the English language as spoken and written in the United Kingdom or, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *''Brit(ish)'', a 2018 memoir by Afua Hirsch *People or things associated with: ** Great Britain, an island ** United Kingdom, a sovereign state ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) See also * Terminology of the British Isles * Alternative names for the British * English (other) * Britannic (other) * British Isles * Brit (other) * Briton (d ...
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Companies Formerly Listed On The London Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Insurance Companies Of The United Kingdom
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ...
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Financial Services Companies Established In 1845
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability ass ...
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National Memorial Arboretum
The National Memorial Arboretum is a British site of national remembrance at Alrewas, near Lichfield, Staffordshire. Its objective is to honour the fallen, recognise service and sacrifice, and foster pride in the British Armed Forces and civilian community. In 2017, after undergoing a large scale regeneration project, the Arboretum's new award-winning Remembrance Centre was officially opened by the Duke of Cambridge on 23 March. Featuring three new exhibition galleries, larger restaurant and shop, separate coffee shop and a courtyard with garden, it provides visitors with facilities fitting that of a large scale visitor attraction. In 2018 the National Memorial Arboretum was awarded Gold Large Visitor Attraction of the Year in VisitEngland's Awards for Excellence, as well as Coach Friendly Attraction of the Year in the British Coach Tourism Awards. Origins The idea for the Arboretum was conceived by Commander David Childs CBE in 1988, who wished to establish a national focus or ...
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Royal Insurance Building, Liverpool
The Aloft Liverpool Hotel, formerly the Royal Insurance Building, is a historic building located at 1-9 North John Street, Liverpool, Merseyside, England. It was built as the head office of the Royal Insurance company. History The building was constructed between 1896 and 1903 as the head office of the Royal Insurance Company (Since 1996 part of the ″RSA Insurance Group″). The design was the result of a competition won by James F. Doyle in 1895. The assessor for the competition was Norman Shaw, who was retained as an advisory architect for the project, but it is uncertain what part he played in it. The building is constructed around a steel frame and is the earliest example of this type of construction in the United Kingdom. It ceased to be used by the late 1980s, and its condition deteriorated so much that it was placed on the Buildings at Risk Register of English Heritage. In 2013 its freehold was bought by Liverpool City Council, and it was converted it into ...
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Royal Insurance Building, Queen Avenue, Liverpool
The Royal Insurance Building is a historic building located at Queen Avenue, Liverpool, Merseyside, England. It was built as the head office of the Royal Insurance Company and was used until they moved to a building on New John Street in 1903. Architecture The building was designed by Samuel Rowland in the Neoclassical style and completed in 1839. The design involved a symmetrical main frontage with five bays facing onto Queen Avenue; the central section of three bays formed a tetrastyle portico with fluted Doric order columns supporting an entablature. There were Ionic order columns spanning the first and second floors which supported a frieze and a pediment. See also *Grade II* listed buildings in Merseyside *Architecture of Liverpool The architecture of Liverpool is rooted in the city's development into a major port of the British Empire.Hughes (1999), p10 It encompasses a variety of architectural styles of the past 300 years, while next to nothing remains of its me ...
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London And Lancashire Insurance
London and Lancashire Insurance was founded in 1862, and had become one of the U.K.'s leading fire insurers by the end of the 19th century. A series of acquisitions in the early 20th century took the company into accident and marine insurance, as well as life assurance, making it a leading composite insurer. Following a period of consolidation in the industry, London and Lancashire was acquired by Royal Insurance in 1962. History The first year The June 1861 Tooley Street fire was the greatest since 1666, and led to £1.25 million of claims. It was believed to be the stimulus for Alexander Hamilton Gunn, a London merchant and company promoter, to start a new fire insurance company. In August, only two months after the fire, he assembled prominent London and Lancashire businessmen and merchants; and a prospectus for the London and Lancashire Fire Insurance was published in October. Directors included Francis William Russell, MP for Limerick City, one of the prime movers in the Ci ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, 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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