Former Lloyd’s Chairman warns about Brexit
Wednesday, 07 25 2018, Category: Insurance and Reinsurance, Country: United Kingdom
The U.K. is facing a grim future after Brexit because of the failure of the its politicians to govern responsibly, the former chairman of insurance market Lloyd’s of London wrote in a letter to the Financial Times.
“Never in over 50 years of working life have I seen the U.K. facing such an abject future,” said John Nelson, who said the situation was “caused by the complete failure of our political establishment to govern, to communicate clearly with the public and most importantly to be honest with the electorate.”
Source: Insurance Journal