Peter Levene on Financial Risk Management

Peter Levene, chairman of Lloyd's of London, on financial risk management in light of the global economic crisis. This is part of the Dean's Speaker Series.

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[ellanv]

Lord Levene spoke of "an innate sense of responsibility". As a former underwriting Name at Lloyd's, I wish this had applied to me, the provider of capital. In 1986, when I joined, Lloyd's was not the professional place it is today. There was no proper accounting system or audit, although Lloyd's claimed there was, and a huge amount of corruption and fraud had been uncovered. The shortcomings ruined 34,000 Names.

John Atkinson

Prisoner of Lloyd's No.: 046505N

victim.of.lloyds@gmail.com