Ultimate Risk

Adam Raphael

41 ratings by Goodreads

Language: English

Published by Transworld Publishers Ltd, United Kingdom, London, 1994

0593026934 / 9780593026939

  • Softcover
  • Used
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Seller: WorldofBooks, Goring-By-Sea, WS, United KingdomWorldofBooks

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Softcover

Condition: Used - Very good

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The world's oldest and best-known insurance market, Lloyd's of London, is at the epicentre of a financial catastrophe. Losses running into billions of pounds threaten its future and to bankrupt thousands of individual investors who provide the capital for the market. This financial nightmare, which has led to more than a dozen suicides and spawned an avalanche of litigation, stems from unprecedented natural disasters worldwide, and huge numbers of asbestos and pollution claims in the United States. This is an insider's account of the unfolding catastrophe, the result in part of scandals ranging from skims to conflicts of interest, and outright fraud. As a Lloyd's "Name" (investor) in three of the worst-affected syndicates, the author has had a ringside seat from which to report the human tragedies and parliamentary, legal and financial dramas. In his expose of a market once renowned for "utmost Good Faith", he traces the development of a crisis which has gone far to destroy the reputation for fair dealing and integrity built up by Lloyd's over three centuries of successful trading. Adam Raphael was adjudged Journalist of the Year in the 1973 British Press Awards, and is the author of "My Learned Friends", an expose of the British libel laws. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged.…

Seller Inventory # GOR003638108

Title
Ultimate Risk
Author
Adam Raphael
Publisher
Transworld Publishers Ltd, United Kingdom, London
Publication year
1994
Condition
Very Good
Binding
Paperback
Language
English
ISBN 10
0593026934
ISBN 13
9780593026939
Item weight
748 grams
Dimensions
156.0 x 234.0

WorldofBooks

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In 2002, World of Books Group was founded on an ethos to do good, protect the planet and support charities by enabling more goods to be reused. Since then, we've grown into to a global company pioneering the circular economy. Today, we drive the circular economy through three re-commerce brands: - Wob: Through Wob, we sell. We provide affordable, preloved books and media to customers all over the world. A book leaves our collection of over seven million titles and begins a new chapter every two seconds, enabling more goods to be reused. - Ziffit: Through Ziffit, we buy. We give people around the world the opportunity to contribute to the circular economy, earn money and protect the planet, by trading their unwanted books and media. - Shopiago: Through Shopiago, we help others. By sharing the technology that has grown World of Books Group into the business it is today, we’re helping charities increase revenue and reduce waste through re-commerce.…

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