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Lloyd’s of London chief executive John Neal is in hospital after a bike crash, the insurance market said on 28 March.
Neal sustained “serious injuries” in a collision with a car on 26 March, but is expected to make a full recovery, Lloyd’s said in a statement.
During his absence, Lloyd’s will be led by chief operating officer and chief financial officer Burkhard Keese and chief of markets Patrick Tiernan.
READ Lloyd’s CEO John Neal: ‘I faced bullying without realising it’
They will receive support from Lloyd’s wider executive committee and oversight from Lloyd’s chair Bruce Carnegie Brown, the statement said.
Neal succeeded Dame Inga Beale as chief executive of Lloyd’s in 2018.
Previously, he was chief executive of insurer QBE between 2012 and 2018, having joined the business in 2004.
Neal, who was born in 1964, started working at Bankside Managing Agency as an underwriter in 1985, the youngest ever in the insurance market at the time.
He hit the headlines in 2017 when QBE cut his bonus for delaying the disclosure of a relationship with his personal assistant, who he later married in 2019.
More to follow
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Read more:Lloyd’s of London boss John Neal hospitalised after bike crash