Lloyd’s of London is investigating its former chief executive officer, John Neal, who was set to start at American International Group Inc. next month before the company disclosed he’s no longer joining due to “personal circumstances.”
Lloyd’s Chairman Charles Roxburgh “became aware of market speculation concerning possible historic breaches of policy” and initiated an independent fact-finding review into Neal’s conduct in October, the firm said in a statement Wednesday.
Lloyd’s of London CEO John Neal
Photographer: Chris Ratcliffe/Bloomberg
AWall Street Journal report on Wednesday alleged that Neal had a relationship with an employee at the company before he resigned earlier this year. The story cited people ...