Alarm Bells

Andrew Duguid

Chapter 3 in On the Brink, 2014, pp 67-106 from Palgrave Macmillan

Abstract: Abstract By late 1990, some of the more thoughtful characters in the market and among Lloyd’s Names began to question the market’s future. Some were most concerned about where the future business would come from and whether Lloyd’s would be able to compete for it. Market capacity had fallen in 1989 for the first time in 20 years. Others questioned whether the fabric of the market could withstand the pressures generated by growing losses, open years and litigation. Some were convinced the structure was outdated. The leadership and the Council seemed unsure how to navigate a way through this minefield.

Keywords: Action Group; Task Force; Chief Executive; Council Member; Task Force Report (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-29930-7_3

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DOI: 10.1057/9781137299307_3

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