The seams of Lloyd's Old Library were literally at bursting point last week, as the world and his wife crammed in to see Maurice "Hank to his friends" Greenberg talk about US insurance.

The insurance big wigs were there to see the 80-year-old insurance veteran, and former chairman and chief executive of AIG, take a dig at state governors, Spitzer and even Dubya himself.

Lloyd's elite, from Lord Levene to Richard Ward, and from Rolf Tolle to Bronek Masojada, sat enthralled by the charismatic American.

But, Backchat has to wonder, with its insurance hat firmly on, whether Lloyd's topped up its liability premiums in preparation for the lecture, given the large number of influential figures in one confined space.