Lloyd's deposits/Funds at Lloyd's

Discussion in 'SP8' started by thistleandspice, Apr 22, 2012.

  1. Evening all,

    Just looking through the glossary and wondering what the difference between Lloyd's deposits and Funds at Lloyd's are, if there is one?

    This may only be relevant for ST7, but might as well find out the answer.

    Thanks!
     
  2. Ian Senator

    Ian Senator ActEd Tutor Staff Member

    Hi thistle

    Nearly the same thing. FAL consists of members' deposits plus a few other little bits and pieces. There's a good glossary on the Lloyd's website itself that's quite useful to brush up on all things Lloyd's...

    Good luck for later this week!
     

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