Stephen Merrett

Stephen Merrett was a leading underwriter at Lloyd’s. He initiated the Space Shuttle rescue of two satellites from useless space orbits. In 1995 he lost a civil action brought against him by members of the insurance syndicates he ran.

'Lloyd’s of London insolvent again. Government in denial. Action required'

Back in the 1990s UK Government officials and the City devised a plan to save the Lloyd’s of London insurance market and avert a banking crisis. It worked, in the short-term. But the solution was fatally flawed, according to former Lloyd’s deputy chairman, Stephen Merrett (himself a defendant in t

By Stephen Merrett

/ 25 May 2012