Insurance
Feb. 16, 2001
Industry Giant
There are major recent financial and legal developments surrounding Lloyd's of London and its reinsurance vehicle, Equitas. Historically, liability to Lloyd's policyholders has rested with Names (investors) and groups of Names, or syndicates. Due to losses threatening the Names' solvency, the Lloyd's system has come under scrutiny.
There are major recent financial and legal developments surrounding Lloyd's of London and its reinsurance vehicle, Equitas. Historically, liability to Lloyd's policyholders has rested with Names (investors) and groups of Names, or syndicates. Due to losses threatening the Names' solvency, the Ll...
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