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Cripps Rules Out Nationalization of UK Insurance
The Board of Trade President told the 150th anniversary Norwich Union dinner that British insurance should remain international in character and act as a key invisible export. He stressed the industry’s role in balance of payments and praised its global reputation for integrity and fair dealing. The speech also noted government policy allows nationwide boards to insure in the ordinary market, trusting British insurers. A final humorous exchange about a wedding ring closes the report.
MENTIONED IN THIS ARTICLE
Panies
House of Combe
Board of Trade
Norwich Union Insurance Societies
Britain
Sir Stafford