The interior of Lloyd's of London, the centuries-old insurance market, is pictured in central London on April 27, 2016.
Lloyd's of London CEO John Neal will leave in 2025 to join insurance broker Aon , the commercial insurance market said on Wednesday.
Neal will become global CEO of Aon's reinsurance business and global chairman of climate solutions, Lloyd's said in a statement.
Neal has headed Lloyd's for more than six years, and was previously group CEO of insurer QBE .
Patrick Tiernan, currently chief of markets at Lloyd's, could be a possible successor to Neal, two insurance industry sources said.
Persons:
Lloyd's, John Neal, Neal, QBE, Bruce Carnegie, Brown, Charles Roxburgh, John, Sheila Cameron, Cameron, Patrick Tiernan, Aon, Andy Marcell, Marcell
Organizations:
Carnegie, of Lloyd's, Market Association
Locations:
London, market's City of London, Lloyd's