LMA reveals strategy to get Lloyd's market back on track
Sarah Hills The Lloyd's Market Association (LMA) has developed a work plan to identify business str...
Sarah Hills
The Lloyd's Market Association (LMA) has developed a work plan to identify business strategies for the future of the Lloyd's market.
David Gittings, chief executive of the LMA, has identified four key issues that are of most concern. They are:
- Business process reform;
- Capital and solvency;
- Regulation and risk management;
- Talent.
Mr Gittings spoke with 400 market practitioners, drawn from a variety of managing agents, to identify the common issues. "The challenge is to take a more
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