Sinister Titanic Was Paid Insurance in Less Than 30 Days
On the centenary of the tragedy of the Sinister Titanic, the British insurer
Lloyd's conducted a survey of data on the sinking. One hundred years ago, the
RMS Titanic was insured on behalf of the White Star Line, owners of the ship,
worth 1 million pounds. Interestingly, despite the high value, the claim was
paid quickly: in less than a month.