Lloyd's syndicates pitch £11bn growth as Neal demands profitability first
Lloyd’s syndicates’ plans for 2021 include £11bn of fresh business, but some will be told that they must continue to focus on performance over growth as the market looks to “finish the job” it embarked on 2018 of turning around its profitability woes.
John Neal, Lloyd’s CEO, on Thursday, said that there would be more “differentiated” approach to syndicates’ business plans, which will be submitted in September. The strategic business discussions
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