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Lutine Bell |
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Lutine Bell A bell formerly used to inform brokers and underwriters at Lloyd's of the fate of late ships. If a ship was tardy in coming to port in London, its cargo obviously would not arrive on the market and it could trigger an insured event. The Lutine Bell was struck once if a ship was reported sunk or otherwise lost, and twice if it returned. Lloyd's used a bell so all interested parties were made aware of the news at the same time. The Lutine Bell was recovered from the shipwrecked HMS Lutine in 1858. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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