NU Online News Service
MONTE CARLO--Regulation is one of the biggest issues now facing the insurance and reinsurance industry, Lloyd's chief executive said at a breakfast meeting here.
Richard Ward, Lloyd's CEO, identified other issues currently being worked on by Lloyd's as market conditions and efficiency of the London Market.
In his keynote speech at the PricewaterhouseCoopers LLP briefing at the annual Monte Carlo Reinsurance Rendezvous, Ward said regulation, both in Europe and the United States, could bring "changes in the industry just when we don't need them." He added, "We need regulatory certainty and stability."
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
