Research Catalog

On the brink : how a crisis transformed Lloyd's of London

Title
On the brink : how a crisis transformed Lloyd's of London / Andrew Duguid.
Author
Duguid, Andrew, 1944-
Publication
Houndmills, Basingstoke, Hampshire ; New York, NY : Palgrave Macmillan, 2014.
Supplementary Content
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TextUse in library JBE 15-171Schwarzman Building M2 - General Research Room 315

Details

Description
xv, 382 pages; 24 cm
Summary
"This is the story of how huge losses very nearly destroyed a revered British institution, Lloyd's of London, the world's largest insurance market. Ten thousand people were trapped, facing big personal bills they thought profoundly unfair. They challenged a complacent institution, forcing it to confront its biggest ever crisis, changing its structures and values. This story has great relevance today, raising many contemporary issues. The search for justice tests the British and US legal systems. Fairness is pitted against commercial expediency. Fresh thinking, new structures, new skills and leadership are all needed. Persuasion has to overcome alternative analysis, misunderstanding, emotion and inertia. Locked in a battle for survival, many were slow to see their common interest. A novel solution was found. Many myths have since grown up. This book tells what really happened, from the inside. "--
Subjects
Bibliography (note)
  • Includes bibliographical references and index.
Contents
1. Inside Out -- 2. Hidden Trains -- 3. Alarm Bells -- 4. Fresh Start -- 5. The Chasm -- 6. Last Chance -- 7. Struggling -- 8. Tightrope -- 9. Aftermath -- 10. Reflections -- Appendix 1. Businesses at Lloyd's -- Appendix 2. Names' Minimum Wealth and Deposit Requirements 1969-2002 -- Appendix 3. The Evolution of Lloyd's Governance -- Appendix 4. Lloyd's Global Results for the 1980-97 Years of Account -- Appendix 5. Alternative Analyses -- Appendix 6. The Changing Capital Structure at Lloyd's 1994-2013..
Call Number
JBE 15-171
ISBN
  • 9781137299291 (hardback)
  • 1137299290 (hardback)
LCCN
2014023558
OCLC
874726390
Author
Duguid, Andrew, 1944- author.
Title
On the brink : how a crisis transformed Lloyd's of London / Andrew Duguid.
Publisher
Houndmills, Basingstoke, Hampshire ; New York, NY : Palgrave Macmillan, 2014.
Type of Content
text
Type of Medium
unmediated
Type of Carrier
volume
Bibliography
Includes bibliographical references and index.
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Research Call Number
JBE 15-171
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