Summary |
Lloyd’s of London tells the story of one of the City’s most cherished institutions, seemingly more of a gentleman’s club than a marketplace where huge sums of money are talked, where there are no bad risks, only bad rates. The book is full of hair-raising near-misses and full-blown shipwrecks. Insurance will be with us as long as there is a risk to write, from a pair of legs to a satellite. But how much of that lucrative business will Lloyd’s continue to get? In this trenchantly written book, Godfrey Hodgson charts a balanced and entertaining course which passengers, crew and observers alike will be fascinated to follow.
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