After a tough year that saw Lloyd’s of London experience a £2 billion loss (approximately US$2.6 billion) followed by recent news that CEO Inga Beale is stepping down, the company is now reviewing its operations, according to a report from Reuters.
Its centuries-old structure will be under the microscope as well as all aspects of the business as executives seek to ensure that Lloyd’s is cost-competitive and responsive to clients and members, particularly as Britain prepares to leave the European Union, said sources cited in the article.
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