Sure index of pessimism over the U-boat
menace was the 5% increase in marine war-risk insurance rates announced
last week. The boost lifted rates from U.S. East Coast ports to Egypt
via the Cape of Good Hope to 25%; to India, 20%; Australia and New
Zealand, 20%; East Coast of South America, 20% ; West Coast of South
To continue reading: or Log-In
Want the full story?
Get TIME the way you want it
Week Digital Pass — $4.99
Pay-As-You-Go DIGITAL ACCESS — $2.99
Year ALL ACCESS — Just $30! Best Deal!
Print Magazine + Digital Edition +
Subscriber-only Content on TIME.com
Learn more about the benefits of being
a TIME subscriber
If you are already a subscriber sign up — registration is free!