Bruce Carnegie-Brown has been reappointed for a third term as chairman of Lloyd’s.

The reappointment runs to June 2025.

Since his appointment in June 2017, Mr Carnegie-Brown has set the strategic direction and overseen the corporation making significant progress against Lloyd’s four strategic pillars: performance, digitalisation, culture, and purpose.

He said: "It has been a privilege to serve as Lloyd’s chairman over the last five years, and I am honoured to be reappointed.

“There remains a great deal that we still need to do across the market and corporation to build on the progress that we have made together in recent years, and I am grateful for the opportunity to continue doing so.”

John Neal, Lloyd's CEO, said: “I am delighted that Bruce and Lloyd’s Council have agreed this reappointment for another term.

“It is a welcome affirmation from Bruce of his commitment to Lloyd’s and will provide the leadership team with continuity as it delivers on Lloyd’s strategy.

“His guidance and tenacity has seen Lloyd’s through some challenging times, and we are now in a strong position to build on the gains made in recent years.”