London ILS 2023: Lloyd’s exploring early FAL release to attract investors
Lloyd’s is working on solutions to enable early releases of Funds at Lloyd’s (FAL) once underwriting liabilities expire, as part of broader plans to attract investors to the market, according to CFO Burkhard Keese.
Speaking at Trading Risk’s London ILS 2023 conference this morning, Keese explained how Lloyd’s is developing solutions to attract investors to alternative risk transfer vehicles in the Lloyd’s market, including its London Bridge 2 protected cell company.
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