Undated RSA Insurance Group handout photo of the original insurance valuation for the Titanic following its sinking on April 15th 1912. PRESS ASSOCIATION Photo. Issue date: Sunday April 15, 2012. The shipâÄôs hull and machinery was valued at ¬£1 million and owners White Star Line would have had hundreds of different insurers. The total pay out by Royal Insurance, now forming part of the RSA Insurance Group, on it was ¬£4,000 (an estimated ¬£263,000 in todayâÄôs money). This is the first time the document has been seen in 100 years. See PA story ULSTER Titanic Insurance. Photo credit should read: RSA Insurance Group/PA Wire
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