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CHAPTER 2 THE LLOYD'S MARKET

Insurance Disputes

2

THE LLOYD’S MARKET

JULIAN BURLING


Page 29

2.1 There are certain kinds of insurance dispute which arise partly as a result of the structure or practices of the Lloyd’s insurance market, or similar practices of the London company market. The salient features in this respect are the subscription market and the plethora of agency relationships through which business is conducted. This chapter describes and analyses the relevant aspects of the Lloyd ’s market. 1

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