RMI 3502 Lecture Notes - Lecture 1: Investment Fund, Reinsurance, Anschutz Entertainment Group
22 Oct 2017
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Lloyds needs more names: lloyd"s came close to bankruptcy and members suffered huge losses. Enron and worldcom is that executives have less appetite for risk: 60% of workers are willing to save for retirement on a regular basis. Yet fewer than 30% of the employees have calculated their retirement needs: demutualization changes the corporate culture. Lloyds buffet: buffett agreed to pay up to billion in claims for insurance that lloyd"s sold dating as far back as the (cid:883)(cid:891)(cid:884)(cid:882)"s and (cid:885)(cid:882)"s. The claims at one point had threatened to ruin thousands of lloyd"s investors who had pledged their. Now, most of its capital comes from major corporations. It now has about 1,500 individual investors, down from more than 34,000 in mid-1990"s. Individuals are now able to make only limited investments in the insurer: claims for illnesses blamed on asbestos had begun pouring into lloyd"s and other insurers in the late 1980"s.
