Wikipedia:Peer review/Lloyd's of London/archive1
World's preeminent market for insurance. An important part of the western financial system. The article has undergone a lot of work to make fairly technical and obscure portions more acessable. I would appreciate feedback on how it can be improved. Klonimus 15:40, 15 November 2005 (UTC)
- Given the unusual structure of Lloyd’s (truly without peer in the business world), the section on structure deserves a fair amount of attention. How about creating new articles called Council of Lloyd’s and Corporation of Lloyd’s to elaborate more on those two bodies? The comment on Corporation of Lloyd’s technically applying to the market itself could be expanded in such an article. Also, regulation of Lloyd’s may deserve a section (or an article) of its own. Aulus Gellius 02:23, 16 November 2005 (UTC)
- That gets to be quite complex, but I will see what I can do. The 'Council of Lloyd’s is the excutive body which sets standards and oversee's market opperations. Corporation of Lloyd’s also known as the adminsters the market its self and administers the "chain of security" (reinsurance layers and the Lloyd's central fund). The Society of Lloyd’s is the entire market taken as a whole. Klonimus 11:20, 19 November 2005 (UTC)
- Merge the "Quick facts" section into the article as prose ('Trivia' and 'Miscellaneous' sections don't go over well in featured articles). Does anyone know if it is possible to translate currency into US$ or CDA$ from UK£ in Wikipedia, like with a link to a converter or a preference setting? The history section is not paced well. First it skims over several hundred years of business in two paragraphs. Then spends eleven paragraphs on 30 years. Do not create one-sentence paragraphs or one-paragraph sections. A sentence is a sentence, not a paragraph, and a paragraph is a paragraph, not a section. Recognize the differences. This statement "Lloyd's is not an insurance company." is not compatible with this category "Insurance companies of the United Kingdom", one of them has to bend. That "Personal wealth" thing always fascinated me, perhaps provides examples of certain individual's experience with Lloyd's. Also, it requires sources per Wikipedia:Cite sources and Wikipedia:Verifiability. --maclean25 08:31, 16 November 2005 (UTC)
- Well the thing is that Lloyd's was a very quiet and intentionally outwardly boring place untill 1970s when asbestos and several other scandals nearly ended the entire operation. I'm going to try and rewite the section on the scandals (of which there are many). Basicly UK tax law used to be almost confiscatory, but property/assets used to back insurance policies was treated much more favorably.
- First off I'd like to say it is a good article but needs more blue text links throughout, and three or four more images. I don't know enough about this to say exactly what images, but I'll think about it and try to get back to you. One part from the opening "Unlike most of its competitors in the reinsurance market, it is neither a company nor a corporation. Its peculiar status is discussed in greater detail below.", links to the passage on structure, when I was expecting syndication which is very interesting and I'd like to here more about. At any rate well done so far. DVD+ R/W 11:00, 17 November 2005 (UTC)