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Lloyd's: Savage to become "acting CEO"

In a statement Lloyd's chairman Peter Levene said: "Following on from the announcement made today by Prudential plc, I am writing to let you know the arrangements which will be put in place from 1 January 2006 when Nick Prettejohn takes up his new post with them as chief executive of their UK insurance operations.

"Nick will remain as chief executive at Lloyd’s until the end of the year, As from 1 January 2006 , Luke Savage will be acting chief executive until a successor is in place. At that point, Luke will

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