Euro Woe. More Plans for Exit, Unrest and Even Collapse |
| May 29, 2012 | May 2012 Bond Updates |
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European insurers have begun to make public their concerns, and contingencies, in the event of a Greek exist and Euro collapse. While a Greek exit from the Euro seems the most imminent danger, insurers are planning for the wider consequences. Richard Ward, CEO of Lloyds of London, yesterday revealed that Lloyds has been actively unwinding its Euro denominated risk, and taking stock of its exposure in the event of the Euro collapsing. |
| View more at: http://www.forbes.com/sites/haydnshaughnessy/2012/05/28/euro-woe-more-plans-for-exit-unrest-and-euro-collapse/ |
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