Most brokers have their own pet names for FSA boss John Tiner. Indeed, Backchat often hears his name in the same sentence as the odd expletive.

So which prominent London insurer described Tiner as God? Offering this pearl of wisdom to the Lloyd's regulars was chief executive of Hiscox, Bronek Masojada.

So if Tiner is God, what is the insurance sector leader, David Strachan's, biblical alternative?

Masojada has the answer to this riddle too. Strachan is the Archangel Gabriel.

So who is the Devil in this scenario?