Lloyd's Prudential Requirements for General Insurers

Discussion in 'SA3' started by obri600, Feb 1, 2008.

  1. obri600

    obri600 Member

    Hi

    Does anybody know what the role of General Insurance companies is within Lloyd's?

    I can't see why they are included in the 'overview of Lloyd's prudential requirements' - section 2.5, Chapter 6
     
  2. Ian Senator

    Ian Senator ActEd Tutor Staff Member

    Tell me if I've got the wrong bit of text, but the Core Reading says 'general insurers', not 'general insurance companies'. It's refering to the requirements imposed on those within Lloyd's selling general insurance (ie syndicates) rather than Managing Agents or the Society of Lloyd's.
     
  3. obri600

    obri600 Member

    Ah...thanks Ian.
     

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