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Jim Meakins is the latest in a slew of talent to exit from the syndicate.
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Robert Vetch joined the Lloyd’s business as CFO in 2019.
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Corporates buying Lloyd’s syndicates face the culture/integration trade-off.
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Analysts were interested in the potential for fee income from the retail division.
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Tiernan’s former role of chief of markets will be split into two new exec team positions.
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The driver of growth has shifted from rate to volume, as pricing increases tail off.
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The executive set out his vision for the Corporation after assuming leadership.
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The outgoing CEO said the market had been restored as a leader during his tenure.
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Frustration is growing around a promised independent operating model and staff reward.
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Plus, the latest people moves and all the top news of the week.
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Lloyd’s maverick syndicate produces impressive results, but questions remain over succession.