Markel boss gives Lloyd's a 'still could do better' report
Tony Markel, president and CEO of Markel Corporation says he is encouraged by progress at Lloyd's, particularly by the Franchise Board, but still considers there is much to be done and a softening of rates now would be “unbelievably premature".
In a speech hosted by the Insurance Institute of London at Lloyd’s, Mr Markel, followed up on a speech in 2002 where he said: "Structural, fundamental, gut-wrenching change is going to be necessaryOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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