Lloyd's has changed substantially in the past decade, not least because of its near bankruptcy in the early 1990s when it racked up losses of more than £8bn. A vast restructuring project, involving the creation of Equitas, a new reinsurer, and the admission of corporate members, allowed Lloyd's to draw a line under those losses and continue trading. And in recent times the market has made record profits....more

SOUND BITES
Rebels with a cause  Sep 3

SWISS RE
Dipping toe in marine market at Lloyd's  Sep 3

GENERAL RE
Big feast leaves a sour taste  Sep 3

CREDIT RISK
Out of catastrophe, into credit  Sep 3