Titlebook: On the Brink; How a Crisis Transfo Andrew Duguid Book 2014 Palgrave Macmillan, a division of Macmillan Publishers Limited 2014 crisis.leade

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Book 2014Huge 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.

解開

先兆

Inside out, commending the efforts of the new Chairman and Chief Executive, he said: A man’s word is his bond, but it no longer is at Lloyd’s. There are 30 Names who have taken their own lives. Sir, with your permission, I want to have one minute’s silence.’

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柱廊

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Reflections,isis might have ended very differently; some features of Lloyd’s that helped first to bring about the crisis and later to deal with it; and the part played by the wider institutions in Britain, the US and elsewhere that provide the framework within which these events took place.

Resistance

Struggling,f the . plan could be made to work, Lloyd’s had a chance to cross the chasm. However, there were many obstacles: court battles in the US and Britain; tense negotiations with the DTI; threats from US regulators; and tough bargaining over a settlement.

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Urgency