Lloyd’s has confirmed that its former chairman, Sir David Rowland, has passed away.
Rowland, who was chairman of Lloyd’s between 1993 and 1997, took on the position after the corporation had suffered losses for several years.
He has been credited with guiding Lloyd’s through a difficult period and was awarded a Gold Medal for services to Lloyd’s in 1996.
The medal was first introduced in 1919 and has only been awarded 17 times.
Lloyd’s said in a statement: “Sir David was
The Insurance Age editorial team dig into this week's top stories.Subscribe to our daily newsletter for all the latest news
- Construction firm unable to find insurance due to lack of capacity
- Mactavish criticises industry for "knee-jerk reaction" in hardening market
- Victor reaches out to brokers following CEO change
- FCA reiterates dual pricing concerns
- Fact file: What’s the story with the Ogden Rate?
- FCA warns of Moneysupermarket clone
- Acquis backers Dunedin to pursue more insurance deals