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Insurance “no panacea” to systemic risk
14 July 2010
Lord Peter Levene, chairman of Lloyd’s of London, has warned against protectionist measures being used to slow the pace of globalisation as a result of the financial crisis.
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Lord Peter Levene
Lloyd's
systemic risk
andrew kendrick
Lord Peter Levene, chairman of Lloyd’s of London, has warned against protectionist measures being used to slow the pace of globalisation as a result of the financial crisis.
Speaking at the launch of a report examining the risks associated with globalisation, Levene said that from pandemics, to supply chain failures, globalisation has exposed businesses to events which happen far away from their head offices.
“However,...
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