The Lloyd’s market is a centre for fresh thinking and Market magazine is no exception.
Lloyd’s longest-serving Chief Executive, Richard Ward, leaves on his departure in late 2013. In this issue, from p24, we speak to Ward about the complexities that come with the top job – and we ask some of the industry’s leading figures how the market has changed during his time in charge.
On p28, meanwhile, we assess the threat of a global pandemic, the preparedness levels in the event of a severe outbreak, and what insurers can do to mitigate the risk through specialist lines of business. We also look forward to the $50bn Winter Olympics in Sochi, Russia, exploring the many calamities that confront this type of large-scale sporting event (p18).
And finally, from regime instability and high seas piracy to resource nationalism and broader trade credit risk concerns, we examine why the political risk market is seeing remarkable growth – and grabbing attention at board level (p10).
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Watch: Richard Ward reflects on his time as CEO of Lloyd's