On Markets Not Turning

Half-forgotten now, given the subsequent Diamond Jubilee and Olympics hullaballoo, but back in April we commemorated the centenary of the RMS Titanic hitting an iceberg in the North Atlantic. Lloyd’s association with the disaster is well known; the market insured the “unsinkable” vessel for £1m and paid out all claims in full within thirty days of the tragedy. Lloyd’s still enjoys a preeminent position when … Continue reading On Markets Not Turning