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On the Brink: How a Crisis Transformed Lloyd's of London

Andrew Duguid




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 | #661899 in eBooks |  2014-08-07 |  2014-08-07 | File type: PDF

||5 of 5 people found the following review helpful.| The definitive account|By Simon Carswell|Andrew Duguid has written the definitive account of what was probably the most critical period of Lloyd's 300 year history. As well as being objective, detailed and balanced, it is also highly readable. There was no need to write in the style of a thriller: the facts and events speak for themselves. The book goes beyond being a chronicle| ||'Andrew Duguid has written a well-balanced, but at the same time racy and highly readable history of Lloyd's near-death experience and how the market was saved. Duguid is objective, but has used his inside experience well. On The Brink is a very valuable addi

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.



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