The Lloyd's Crisis and its Resolution – Legal Aspects


November 17th 2015

Time: 4:00 - 6:00pm Venue: Room 3.1, CCLS, QMUL, 67-69 Lincoln's Inn Fields, WC2A 3JB

Speakers:  Andrew Duguid (Author of On the Brink, How a Crisis Transformed Lloyd's of London, Palgrave 2014. Formerly, advisor to the Council of Lloyd’s), Graham Nicholson (Former Chief Legal Advisor, Bank of England; previously with Freshfields Bruckhaus Deringer), Adam Ridley (Member of the Council of Lloyd’s and of the Lloyd’s Regulatory Board from 1997 to 1999, subsequently Chair of the independent "Names' Committee" set up by Lloyd's and Chair until 2014 of the Trustees of Equitas), Julian Burling (Barrister, Serle Court; Counsel to Lloyd’s 1995 to 2010. Author of Lloyd’s: law and practice. Informa 2013) and Robert P. Mollen (Partner, Fried Frank. US special counsel to Lloyd’s in connection with Reconstruction and Renewal).

Chair: Charles Goodhart (Systemic Risk Centre, Financial Markets Group, LSE)

Miriam Goldby and Rosa Lastra
Insurance Law Institute, Centre for Commercial Law Studies, QMUL
Eva Micheler
Systemic Risk Centre and Law and Financial Markets Project, LSE

Lloyd’s of London is a long-revered British Institution, dating from the 17th century and one of the world’s largest insurance markets. It came very close to collapsing as a result of large-scale losses suffered in the 1980s and 1990s. Many lessons are to be learnt from the crisis experienced by Lloyd’s, both in economic and legal terms, as well as from Lloyd’s remarkable recovery and transformation, which demonstrates the institution’s resilience. This event aims to shed light on the legal aspects of the Lloyd’s Crisis and to tease out the lessons learnt.  

Registration: The event is open to all but registration is required.  Please register through

The event will be followed by a drinks reception.

This event is co-organised by