A world drowning in uncertainty is good news for John Neal, the insurance veteran who ran ASX-listed giant QBE and now helms industry icon Lloyd’s of London.
“It’s a great time to be an insurer,” he tells Chanticleer. “Because if we live in a world that’s riskier and more uncertain, then insurance comes to the fore. Rather than the insurance being an expense, it suddenly becomes a way to protect your revenue, your profit and loss statement, your balance sheet.”