Lloyd's chief has a chat with California's top man.

It is hard to say if the Terminator movies were a topic of conversation between Lloyd’s chairman Lord Levene and California Governor Arnold Schwarzenegger when they met during Levene’s visit to California. But it is known they did chat about a range of other topics including the collateralisation issue and the comparable economic development between East and West. Schwarzenegger was also keen to hear what initiatives the insurance industry is undertaking to combat climate change, and discussed how California could work with Lloyd's in future. If Schwarzenegger does not follow through with a partnership, he can be rest assured Lord Levene will be back.