Explainer: London faces up to former role insuring Atlantic slave trade

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Explainer: London faces up to former role insuring Atlantic slave trade
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London is facing up to its role in insuring the slave trade as part of a sweeping global reassessment of history and racism.

FILE PHOTO: A woman wearing a protective face mask walks past Lloyd's building in London, following the outbreak of the coronavirus disease , London, Britain, May 6, 2020. REUTERS/Henry Nicholls/File Photo

About 17 million African men, women and children were torn from their homes and shackled into one of the world’s most brutal globalised trades between the 15th and 19th centuries. Many died in merciless conditions “Those ships bringing sugar to Britain had a valuable cargo and the ships themselves were valuable and often coming through enemy waters because Britain was at war for long periods.”There were three main marine insurers in the 18th Century: London Assurance, Royal Exchange and Lloyds of London.

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