London Bridge 2 can be ‘silk road’ to more diverse capital: Lloyd’s CFO
The re/insurance industry must evolve opaque processes and the ‘black box’ of underwriting criteria to make itself more appealing to investors and secure more capital, Burkhard Keese (pictured), the chief financial officer of Lloyd’s, believes. London Bridge 2 represents his play to achieve this, describing the insurance-linked securities (ILS) vehicle as the “silk road between capital and underwriting”.
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