Category: Uncategorized

Slave owner insurance, 200 years on

Descendants of black American slaves are suing London’s oldest insurance firm, Lloyd’s of London, for compensation for allegedly underwriting the ships used in the slave trade. The case will throw a strange light on one of the atrocities of modern times. The case shows how slavery was just another trade needing just another insurance policy. The individual names listed on the policy were commonplace, and if any slave died it became easy to claim the death against insurance.