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Yorkshire Insurance Company

Former English insurance company From Wikipedia, the free encyclopedia

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The Yorkshire Insurance Company was an English insurance company.

History

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The company was founded in 1824, in York, as the Yorkshire Fire and Life Insurance Company.[1] Its objects were initially "to effect insurance against loss by fire and on lives and survivorships and the sale and purchase of annuities and reversions and the endowment of children".[2] In November 1824, the company purchased a fire engine,[1] and from 1830 until 1876, it operated the fire brigade for the city of York.[3] In 1847, it constructed its headquarters building on St Helen's Square in the city.[4] In 1908, the company adopted its final name, and registered as a limited company.[1]

The company took over the following insurance companies:

  • 1907: National Assurance Company of Ireland[2]
  • 1912: London and Provincial Marine and General Insurance Company[2]
  • 1913: Scottish Boiler and General Insurance Company[2]
  • 1914: Guarantee Society[2]
  • 1918: Ulster Marine Insurance Company[2]
  • 1920: National Safe Deposit and Trustee Company[2]
  • 1921: Lancashire and Yorkshire Reversionary Interest Company[2]
  • 1922: Commercial Insurance Company of Ireland[2]
  • 1955: Farmers' Finance and Insurance Office[2]
  • 1961: Celtic Insurance Company[2]
  • 1963: Scottish Insurance Corporation[2]

In 1967, the majority of the company's shares were bought by the General Accident Fire and Life Assurance Corporation, which purchased the remainder in 1968.[5] Following this, General Accident's life insurance section, General Life, was renamed "Yorkshire-General Life", which it remained until 1985.[2]

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References

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