Fire Offices' Committee , London Australasian Insurance Committee

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Fire Offices' Committee , London Australasian Insurance Committee

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        Offices transacting fire insurance business overseas had been meeting since at least 1859. By 1869, 29 foreign fire insurance tariffs were in operation, and the participating offices formed the Fire Offices' Committee (Foreign) for supervising rates. Co-operation assisted British fire offices in their development of overseas markets where they had problems with competition from local companies and the novelty and complexity of overseas risks, and had to deal with legislation by foreign governments. During the 20th century, the growth of foreign business was such that several committees were established by the Fire Offices' Committee (Foreign) to protect and promote the interests of companies transacting business in particular parts of the world. These included the London Australasian Insurance Committee in 1925.

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