Lloyd’s America primed for zero-collateral reinsurance regime from October 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Lloyd’s America primed for zero-collateral reinsurance regime from October 2022

Lloyd’s America will apply for regulatory approval for the market to benefit from the zero-collateral regime introduced by the US-UK covered agreement from 1 October 2022, the Corporation said in a market bulletin.

Lloyd’s expects its US operation to have “reciprocal reinsurer status” from that date, with the covered agreement having taken effect on 22 September 2022.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article