Lloyd's link to Burmese junta

Lloyd's insurers underwrite military dictatorship's aircraft and shipping, claims new campaign The London insurance connection propping up the murderous Burmese military dictatorship can be revealed in a development that will acutely embarrass leading City figures. Three Lloyd's of London operators will be named as helping to insure the junta's state-owned airline Myanma Airways earlier this year. They are Kiln, Atrium and Catlin. All were contacted by The Observer and asked to explain their involvement but refused to comment. Other Lloyd's syndicates have shared the risk of insuring the junta's shipping interests. Without shipping and aviation insurance, the Burmese government would not be able to export gems, timber, clothing, oil and gas, which would lead to economic ruin for the generals running the oppressed south-east... [read full story]