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Risk and Return

S/F/228. Key features of Lloyd's market that enable it to specialise in risks that are difficult to quantify

WORDS:
1500
DATE:
2009
PRICE:
19.99 GBP

The paper examines the features of the Lloyd's of London that make it possible for them to provide for risks that are declared uninsurable. The history of Lloyd's is reviewed analysing the origins of their innovative culture, underwriting expertise and financial strength. Conclusions are made about the significance of Lloyd's ability to create customised insurance policies to cater for the unprecedented challenges faced by the modern world.

 

KEYWORDS: Lloyd’s of London, insurance, risk, underwriting expertise, financial strength, innovative culture,

 
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