Insurance Jottings

France draws up insurance emergency measures as hard Brexit nears

As the deadline for a no deal Brexit moves closer, the French government has published emergency measures relating to financial services and insurance, global law firm Clyde & Co has confirmed.

John Neal reveals new geographical focus for Lloyd’s

John Neal, the new chief executive of Lloyd’s of London, has promised a “new geographical focus,” marking an end to the Corporation’s office-building around the world and a renewed focus on its traditional growth markets, such as the United States.

David Duclos joins as non-executive chairman of Lloyd’s Global Network. Mr Neal said “he brings with him an incredible wealth of knowledge and insight which will be of huge value in the months ahead as we put in place a new geographical focus, concentrating on the developed markets that have the greatest potential for future growth.

“We’ll be looking at new opportunities in the US, in Europe through Lloyd’s Brussels, together with those emerging markets where we are likely to see the best return on our investment.

“Lloyd’s international network is a strong and much-admired asset for the market, and I will bring my experiences in global insurance to further strengthen Lloyd’s position in the US and across the world,” Mr Duclos commented.