Lloyd’s has limited exposure to Credit Suisse and banking downturn: CFO Keese
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Lloyd’s has limited exposure to Credit Suisse and banking downturn: CFO Keese

Catrin Shi
23 March 2023
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Lloyd’s CFO Burkhard Keese has confirmed Lloyd’s has a “very, very small” amount of exposure to the takeover of Credit Suisse by rival UBS, on both the investment and underwriting sides of the market.

Lloyd’s also clarified its position with regards to US regional banks, amid the collapse of Silicon Valley Bank and Signature Bank and the risk of contagion to other regional institutions.

The

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