10 January 2024Insurance

Lloyd’s lifts the bar for letters of credit in central fund

Lloyd’s moved to tighten criteria for letters of credit used as collateral and contribution to the Lloyd’s central fund. 

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
20 December 2018   The Corporation of Lloyd’s has set the targets for electronic placement for the first half of 2019 following approval from the Lloyd’s board and council.
Insurance
27 March 2019   Specialist insurance and reinsurance market Lloyd's of London has outlined a new "plan of action" to address reports of sexual harassment in the market and create a safe and inclusive working environment.
Insurance
20 March 2019   Lloyd’s of London and the Bermuda insurance market have many common interests and should focus more on growing the size of the insurance market for mutual benefit than on competing against each other, according to Bruce Carnegie-Brown, Lloyd’s chairman.