Article: Risky Business: An Insider's Account of the Disaster at Lloyd's of London.(Review)

Risky Business: An Insider's Account of the Disaster at Lloyd's of London

Martin Mayer and Elizabeth Luessenhop Simon & Schuster, $25

You may know Lloyd's of London as the venerable, old-line British insurance house where the employees wear red tailcoats with brass buttons and where policies are written on all sorts of oddball risks that no one else has the imagination to insure: Betty Grable's legs, Bob Feller's fastball, the Space Shuttle, offshore oil rigs, and the Dallas Cowboys. This is the quaint Lloyd's of commercial legend: the company that would insure anything, and make money on it; the company that, out of its own deep sense of honor and ...

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