While Backchat failed to secure an invite to the Queen's banquet in honour of George Bush last week, it was noted that Lloyd's chairman Lord Levene was dining at the top table.

Backchat wonders whether Levene managed to grab a moment of the great man's time to lobby about protectionism in the insurance market. If he did, I hope he spoke slowly. It's a difficult enough subject for us in the insurance industry to get our heads around, let alone an incumbent US president.