19
[The Adjustment of General Average per "Koombana" S.S., on a voyage to north west ports of Western Australia, insurance calculation and apportionment following grounding of Koombana at Shark Bay in March 1909, Holmes & Neill, Average Adjusters, Sydney, 18 July 1910. Battye Library Archives, 2216A, includes itemisation of cargo losses]
...
Claims for loss of and damage to Cargo throught the forced discharge.
Carnarvon Cargo
Dalgety & Company Ltd
2/3 dozen Mullett pillaged £3.8
J. Dux
81 tins Sardines pillaged £1.10.4
R. McAllister
2 Kts Carlton Ale pillaged £3.6.0
Whitlock & Company
16 bottles Penguin Ale pillaged £9.6
Onslow Cargo
R. J. Hancock
11 bottles Beer 2 bottles Sauce pillaged £9.5
...
...
Application of Claim to Policy
£ 75,000 Insured with Company
Noon 24th December 1908.9
Institute Time Clauses
£ 25,000 Remainder
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£100,000
Steamer's Declared Value £100,000
37,500 Insured with the
South British Insurance Company Limited Adelaide Policy No. 2/53612 pays £ 838.18. 8
37,500 Union Insurance Society of Canton Limited Adelaide Policy No. 8/1797 pays £ 838.18. 8
25,000 Remainder £ 559. 5. 9
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£100,000 (Copies of Policies before us) £2,237. 3. 1
AB notes:
From these documents is is clear that in 1909, Koombana was insured for 3/4 of her declared value of £100,000.
The insurance was not with Lloyds but with the two companies listed here. Policy numbers are cited.