$5m insurance policy for the RMS Titanic

Cover was taken out a fortnight before the ship sank in April 1912. You can see a handwritten amendment at the foot of the policy which suggests that the ship’s owners insured the vessel for her journey from Belfast to Southampton as an afterthought.

The Atlantic Mutual Insurance Company policy shows that the firm had to pay an excess of $500,000. The policy was arranged through brokers Willis Faber.

One of the largest of the 77 insurance firms to accept the risk was Atlantic Mutual which paid out $100,000 of the claim.

Atlantic Mutual was also one of many firms that insured buildings in and around the World Trade Center and the firm suffered significant losses after the September 11 terror attacks.