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Lutine Bell Quick reference
A Dictionary of Finance and Banking (6 ed.)
... Bell A bell that hangs in the underwriting room at Lloyd ’s and is rung for ceremonial occasions and, rarely, to draw the attention of underwriters to an important announcement. It was formerly rung once if a ship sank and twice for good news. It was recovered from the Lutine , a ship that was insured by Lloyd’s and sank in the North Sea in 1799 , with a cargo of bullion (£1.4 million value), most of which was...
Lutine Bell Quick reference
A Dictionary of Business and Management (6 ed.)
... Bell A bell that hangs in the underwriting room at Lloyd ’s and is rung for ceremonial occasions, and rarely to draw the attention of underwriters to an important announcement. It was formerly rung once if a ship sank and twice for good news. It was recovered from the Lutine , a ship that was insured by Lloyd’s and sank in the North Sea in 1799 , with a cargo of bullion (£1.4M...
Lutine bell Quick reference
The Oxford Companion to Ships and the Sea (2 ed.)
... bell , the bell of HMS Lutine which was recovered after she sank in a heavy gale off the mouth of what was the Zuider Zee in October 1799 . She was carrying a large amount of coin and bullion, and since this was private and not government money the burden of the loss fell on the underwriters who had insured it. The bell was brought to the surface during salvage operations and, since the underwriters who had borne the loss were members of Lloyd 's of London, it was taken to Lloyd's where it still hangs. It is rung whenever there is an important...
Lutine bell Reference library
Brewer's Dictionary of Phrase & Fable (19 ed.)
... bell HMS Lutine , a captured French warship, recommissioned by the British, left Yarmouth for the Netherlands on 9 October 1799 with bullion and specie to the value of some £500,000. The same night she was wrecked on a sandbank off the Zuyder Zee with the loss of every soul on board save one, who died as soon as rescued. It was a black day for lloyd ’s underwriters. In 1858 some £50,000 was salvaged, as well as the Lutine ’s bell and rudder, among other things. The latter was made into the official chair for Lloyd’s chairman and a secretary’s desk....
Lutine Bell Quick reference
The Oxford Dictionary of Phrase and Fable (2 ed.)
... Bell a bell kept at Lloyd's in London and rung whenever there is an important announcement to be made to the underwriters. It was salvaged from HMS Lutine , which sank in 1799 with a large cargo of gold and bullion, which loss was borne by the underwriters, who were members of...
Lutine bell Reference library
Brewer's Dictionary of London Phrase & Fable
... bell A ship's bell rung at Lloyd 's before certain important announcements. The bell was carried originally on board the French frigate La Lutine , which surrendered to the British in 1793 . Six years later, as HMS Lutine , carrying a cargo of gold and silver bullion, it sank off the Dutch coast. The cargo, valued then at around £1 million, was insured by Lloyd's underwriters who paid the claim in full. The bell, which for unknown reasons bears the inscription ‘St Jean 1779 ’, was salvaged in 1858 and hung in Lloyd's underwriting room in the Royal...
Lutine Bell
Lloyd's
Lloyd's Quick reference
The Oxford Companion to Ships and the Sea (2 ed.)
...marine underwriting from 1601 and later formed the Register Society, now Lloyd's Register . As well as its main business of marine and other insurance, it is also a centre of maritime intelligence of the daily movements of merchant ships, marine casualties, etc. See also lutine bell...
Steamship Literature Reference library
The Oxford Encyclopedia of Maritime History
... Richard McKenna . In The Sand Pebbles ( 1962 ) and “ Cleaning Firesides ” ( 1986 ) he provides insights into the life of a noncommissioned officer in the engine room, drawn from his twenty-two years of U.S. Navy experience as an enlisted machinist mate. In Strike the Lutine Bell ( 1958 ) another American, the merchant seafarer Victor H. Johnson , wrote from the perspective of those in the engine room about the sinking of a Victory ship overloaded with ore. These are the first voices from the boiler and engine rooms since O’Neill , McFee , Lowry ,...
Lloyd's of London Reference library
Brewer's Dictionary of London Phrase & Fable
...by individual underwriters, not by Lloyd's of London, which provides the premises, intelligence and other facilities. Lloyd's agents throughout the world send shipping information, which is published in Lloyd's List and Lloyd's Shipping Index. See also the Baltic ; the Lutine bell . Lloyd's building The colloquial name for One Lime Street , the headquarters of Lloyd's of London since 1986 . Designed by the Richard Rogers Partnership, its distinctive characteristic is the externalization of structural details and utilities such as ducts and glass lifts....
