Name

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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.
References in periodicals archive ?
This activity constitutes, in part, the condition of the impossibility of the name.
Thus, in Los Angeles County, George is the senior user of the name "21st Century Insurance and Financial Services" while "21st Century Insurance" is the junior user.
Given the historic nature of the name and publicity it has received, Year2000.