Lloyd’s CFO Keese: Further work required on remediation and expense ratio
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Lloyd’s CFO Keese: Further work required on remediation and expense ratio

24 March 2022
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Neal and Keese.jpg
John Neal and Burkhard Keese

Lloyd’s CFO Burkhard Keese has said more remediation is still required among the lowest-performing quartile of syndicates, despite progress in their performance, on a results call where the market was told it needs to cut expense ratios further.

The organisation also announced plans to set up a co-investment platform to offer economies of scale in investing in areas such as green assets, with further details to follow in the coming weeks.

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