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.
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References in periodicals archive ?
Det Insp Colin Fish said some calls provided new information and gave names which had not previously been investigated.
The mud-stained papers gave names and addresses of people being probed over child abuse and sex offences as well as assaults, thefts, housebreakings and domestic rows.