UPDATE 1-Lloyd’s of London shakes up governance with single board
Lloyd’s of London will simplify
its governance structure by merging its two existing boards into
one, it said on Friday, as the 330-year old insurance market
attempts to modernise in order to fend off competition from
cheaper rivals.
its governance structure by merging its two existing boards into
one, it said on Friday, as the 330-year old insurance market
attempts to modernise in order to fend off competition from
cheaper rivals.
Posted by Reuters
