Culture failings could lead to restrictions on growth or even run-off: Lloyd’s
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Culture failings could lead to restrictions on growth or even run-off: Lloyd’s

Catrin Shi
07 December 2022
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
Lloyds logo lloyds london buildings.jpg

Failure on culture will have immediate consequences from the Lloyd’s performance management directorate, including the requirement to submit a contingent run-off plan for a syndicate, head of market operations and delivery Peter Montanaro has warned.

In the Lloyd’s market message today, Montanaro said falling down on culture as part of the Rio principles-based oversight system would lead to decisive action from the PMD.

These

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Lloyd's
catrin shi/catrin shi ii red.png
Catrin Shi
Editor-in-Chief
Contact
Gift this article