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The former Lloyd’s COO is also a non-executive director at the Post Office.
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How many times has the Lloyd’s market stood on the cusp of adopting some form of dynamic, modern risk trading platform only to lose its nerve?
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Allianz, Swiss Re or, let’s be honest – Convex – would have been better for John Neal. But Samsung Fire & Marine’s decision to buy into Lloyd’s business Canopius represents a highly positive codicil to last week’s strategy announcement.
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The CEO and London Market Group chairman says John Neal already has widespread backing for his blueprint.
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Be in no doubt, the Lloyd’s presentation to the market yesterday was a call to arms.
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Lloyd’s Hancock confirms syndicates have been seeking to amend their business plans.
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The Corporation provided more detail on the six ideas drawn up by John Neal to overhaul the marketplace.
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Tomorrow, John Neal will present his prospectus for the future of Lloyd’s.
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CUO Friedman stands by the investment thesis for partnering with Duncan Dale and Dale Underwriting but rues the timing.
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It was almost a year ago to the day that Chubb CEO Evan Greenberg compared the London market to “a bar room with a bunch of drunks”.
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In a highly regulated industry such as (re)insurance, it’s easy to take pot shots at those whose role it is to police the market.
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The regulator also becomes the first supervisor to lay out expectations for managing and disclosing climate change risk.