Covid-19: Lloyd's outlines coronavirus impact and response

John Neal

Lloyd’s has reassessed the focus of its Future at Lloyd’s strategy for Q2 2020 as it deals with the “unprecedented challenge” of Covid-19, according to CEO John Neal.

Speaking on a call with the media, Neal said: “It would be inappropriate to be spending high sums of money in the face of economic challenges and in a time where the market is operationally under strain.

“We’ve narrowed our focus into the areas that will make the most difference in 2020 and 2021.”

He explained that these areas

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