Lord Levene - Making hay while the sun

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Lord Levene has already made his mark as chairman of Lloyd's, says Liz Booth. But will he be able to meet the challenges of the likely future down cycles?

Lord Levene of Portsoken was welcomed last year as the first chairman of Lloyd's in its 314-year history to be selected from outside the London-based insurance market. But a year on, is the market still as pleased with the choice and what changes has it experienced during his tenure so far?

The answer to the first part of the question seems to be a resounding 'Yes', although there is a note of caution from analysts who believe the real test may not come until the current hard market weakens and

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