Lloyd’s-China business ties will grow: Nelson

The volume of business between Lloyd’s and China will grow substantially over the next decade, according to Lloyd’s chairman John Nelson.

Nelson was speaking to a group of 20 Chinese insurance experts attending the first major event organised by Lloyd’s Global Development Centre, an initiative to provide educational and networking opportunities for brokers, risk managers and other insurance professionals worldwide.

The visit included a mix of practical and interactive sessions from underwriters from 11 managing agents on topics including kidnap & ransom, construction, aquaculture, cyber risk and aviation. The delegation was welcomed by Nelson and included presentations on Lloyd’s, box-visits, networking and cultural events.