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Name
(redirected from Names at Lloyd's)

    Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
Name
A wealthy individual who provides a great deal of capital that underwrites the activities of Lloyd's of London. Names spread risk of insurance among themselves along with corporations. For most of Lloyd's centuries-long history, names had unlimited liability for any losses associated with being a name. Lloyd's introduced names with limited liability in 1994, and they have become increasingly important.
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Markel: "Some would say that this would signal the end of Names at Lloyd's.
A No-Name market?: Lloyd's faces a struggle in breaking its ... by Noonan, Brendan / Best's Review
Byline: Nicky Burridge Business Correspondent NAMES at Lloyd's of London, the individuals who underwrite the insurance market, are facing cash calls averaging pounds 33,000 each following several years of huge losses.
Lloyd's wants Names to cough up pounds 33,000 by Daily Post (Liverpool, England)
The size of the losses from Black Tuesday and the intensified squeeze on capacity has triggered contradictory opinions on the future of the traditional individual Names at Lloyd's.
A Test Of Resolve At Lloyd's of London: Lloyd's of London has said it ... by Buck, Graham / Risk & Insurance
 
 
 
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