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Lloyd’s of London CEO John Neal to step down

Lloyd’s of London said on Wednesday that chief executive officer John Neal will be leaving in 2025, after leading the insurance and reinsurance marketplace for over six years.

Source: Sharecast

Neal will be joining Aon as its global CEO of reinsurance and global chairman of climate solutions, with the leaving date to be confirmed in due course.

Lloyd’s said that during his tenure, Neal led "a reset in the strategic direction of the world’s largest insurance marketplace, turning the market around to consistently deliver industry-leading performance, placing it in the strongest financial position in recent memory, with sustainable growth and record profits".

Chairman Bruce Carnegie-Brown said: "Since appointing John as CEO in 2018, he has made a tremendous contribution to Lloyd’s.

"Today we see excellent performance at Lloyd’s, real strategic intent and execution, and an industry-leading voice that is valued by governments, regulators and customers around the world. During 2025, John will continue to support both the planned succession of a new Chair of the Council of Lloyd’s and the executive leadership transition."

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