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2011-10-30

Sunday Telegraph: "Lloyd's of London chairman John Nelson finds his early days have been far from a natural disaster" (although he's still chairman of Hammerson, so don't be too certain)

Link to Sunday Telegraph

"Mr Nelson is optimistic about the future of the City regulator, which he says has been presented with a great opportunity to 'do exactly what it says on the tin'. ... However, he is less optimistic about 'Solvency II', the new capital rules set to govern the European insurance industry.

"... In the meantime, Nelson says he will continue engrossing himself in the market, which remains the only one of its kind in the world. Market insiders say he has certainly made a promising start: 'I think the chairman's chauffeur is the only unhappy person at the moment,' one joked.

[We say: No, we're unhappy as well.]


Link to "Maybe He'll Jack It In at Hammerson" (we paraphrase)

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