Lloyd's of London

Lloyd's of London
Author: Godfrey Hodgson
Publisher: New York, N.Y. : Viking
Total Pages: 392
Release: 1984
Genre: Fiction
ISBN:

This is a history of Lloyd's, a British insurance and reinsurance market. In the 17th century, London's importance as a trade center led to an increasing demand for ship and cargo insurance. Edward Lloyd's coffee house became recognised as the place for obtaining marine insurance. Since those beginnings in a coffee house in 1688, Lloyd's has been a pioneer in insurance and has grown to become the world's leading market for specialist insurance.

Risky Business

Risky Business
Author: Martin Mayer
Publisher: Simon and Schuster
Total Pages: 480
Release: 2010-06-15
Genre: Social Science
ISBN: 1451602995

In this fascinating insider’s account, an American woman who became an investor alleges that irresponsibility, incompetence, greed, and fraud at Lloyd’s, the world’s most glamorous insurance enterprise, have caused the company to lose $12 billion in the last ten years. Lloyd’s of London is not simply an insurance company; it is a society comprising thirty thousand Names (roughly 10 percent of whom are Americans)—private individuals like Elizabeth Luessenhop who accepted the risk of unlimited liability and pledged all their wealth to backing the insurance policies written by Lloyd’s. The beauty was that the Names didn’t have to put up any money to receive their profit share. As long as the premium calculations were sound, everybody prospered. But the 1980s were bad years for Lloyd’s—and for the Names who backed its business. It was also a time when the Society of Names grew by 50 percent to cover the disastrous losses the company was beginning to incur. Risky Business, written with veteran financial writer Martin Mayer, is a detailed account of how the mismanagement of Lloyd’s has affected thousands of American investors who, like Luessenhop, sought low-risk, long-term security. Luessenhop and Mayer take us inside a unique business institution and show us that the ramifications of a possible Lloyd’s failure will be severe—and felt worldwide.

On the Brink

On the Brink
Author: Andrew Duguid
Publisher: Springer
Total Pages: 449
Release: 2014-08-07
Genre: Business & Economics
ISBN: 1137299304

Huge losses very nearly destroyed Lloyd's, a revered British institution, the world's largest insurance market. Ten thousand people faced big personal bills they thought profoundly unfair. They challenged a complacent institution, forcing it to confront its biggest ever crisis. This book tells what really happened, from the inside.

For Whom the Bell Tolls

For Whom the Bell Tolls
Author: Jonathan Mantle
Publisher: Trafalgar Square Publishing
Total Pages: 400
Release: 1992
Genre: Business & Economics
ISBN:

Examines the recent financial difficulties of the three-hundred-year-old British insurance company, and discusses the implications for the financial market.

Ultimate Risk

Ultimate Risk
Author: Adam Raphael
Publisher: Corgi
Total Pages: 376
Release: 1994
Genre: Commercial crimes
ISBN:

Handbook of International Insurance

Handbook of International Insurance
Author: J. David Cummins
Publisher: Springer Science & Business Media
Total Pages: 1000
Release: 2007-12-23
Genre: Business & Economics
ISBN: 0387341633

Handbook of International Insurance: Between Global Dynamics and Local Contingencies analyzes key trends in the insurance industry in more than 15 important national insurance markets that represent over 90 percent of world insurance premiums. Well-known academics from Europe, the Americas and Asia examine their own national insurance markets, including the competitive structure, product and service innovations, and regulatory developments. The book provides academics and executives with an unprecedented range of information about today’s insurance markets. This book also provides important 'new' information on the evolution of the financial sector worldwide and comprehensive chapters on reinsurance, Lloyd’s of London, alternative risk transfer, South and East Asian insurance markets, and European insurance markets. Setting the stage is an overview chapter by the editors focusing on overall conclusions on globalization.

Lloyd's: Law and Practice

Lloyd's: Law and Practice
Author: Julian Burling
Publisher: CRC Press
Total Pages: 768
Release: 2013-09-05
Genre: Law
ISBN: 1134501501

The unique features of the Lloyd’s Corporation and Market and their governing rules are complex and are often difficult to navigate even for the most seasoned practitioner. This book provides the reader with a definitive and detailed guide, and is essential for any practitioner dealing with Lloyd’s Insurance. After a brief historical account, the book provides a thorough legal description and analysis of Lloyd’s, which includes topics ranging from the constitution and membership requirements of Lloyd’s, UK and overseas regulation, the processes for placing and underwriting business and handling claims, chain of security, enforcement and disciplinary matters, compensation and the reconstruction and the renewal of the Lloyd’s market between 1990 and 1996. The book will be an invaluable reference tool for insurance practitioners and professionals dealing with Lloyd’s. Julian Burling is a barrister at Serle Court, and has been involved in advising on and implementing nearly all significant legal developments at Lloyd’s in the last 25 years.

Dead in the Water

Dead in the Water
Author: Matthew Campbell
Publisher: Penguin
Total Pages: 289
Release: 2022-05-03
Genre: True Crime
ISBN: 0593329244

A Financial Times Book of the Year An Economist Best Book of the Year “A triumph of investigative journalism.” —Tom Wright, New York Times bestselling coauthor of Billion Dollar Whale “A fascinating read. Highly recommended!”-John Carreyrou, bestselling author of Bad Blood "Truly one of the most nail-biting, page-turning, terrifying true-crime books I've ever read." —Nick Bilton, New York Times bestselling author of American Kingpin From award-winning journalists Matthew Campbell and Kit Chellel, the gripping, true-crime story of a notorious maritime hijacking at the heart of a massive conspiracy—and the unsolved murder that threatened to unravel it all. In July 2011, the oil tanker Brillante Virtuoso was drifting through the treacherous Gulf of Aden when a crew of pirates attacked and set her ablaze in a devastating explosion. But when David Mockett, a maritime surveyor working for Lloyd’s of London, inspected the damaged vessel, he was left with more questions than answers. How had the pirates gotten aboard so easily? And if they wanted to steal the ship and bargain for its return, then why did they destroy it? The questions didn’t add up—and Mockett would never answer them. Soon after his inspection, David Mockett was murdered. Dead in the Water is a shocking expose of the criminal inner workings of international shipping, told through the lens of the Brillante hijacking and its aftermath. Through first-hand accounts of those who lived it—from members of the ship’s crew and witnesses to the attacks, to the ex-London detectives turned private investigators seeking to solve Mockett’s murder and bring justice to his family—award-winning Bloomberg reporters Matthew Campbell and Kit Chellel piece together the astounding truth behind one of the most brazen financial frauds in history. The ambitious culmination of more than four years of reporting, Dead in the Water uncovers an intricate web of conspiracy amidst the lawless, old-world industry at the backbone of our new global economy.

Letters From London

Letters From London
Author: Julian Barnes
Publisher: Vintage Canada
Total Pages: 337
Release: 2012-12-18
Genre: Literary Collections
ISBN: 0307367592

With the same brilliant style and idiosyncratic intelligence that have marked all his novels—and with a bold grasp of intricate political realities—Julian Barnes's ironic glance turns home. Letters from London takes in everything from Lloyd's of London's demise to Maggie's majesty to Salman Rushie's death sentence. Formidably articulate and outrageously funny, Letters from London is international voyeurism at its best—a peek into the British mindset from the vantage point of one of the most erudite and witty British minds.