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Re: temp luvs amy post# 9605

Tuesday, 06/09/2009 2:27:54 PM

Tuesday, June 09, 2009 2:27:54 PM

Post# of 10201
I did not know that "increased premium capacity" was an object of a semantics discussion, as the terminology is quite clear, as described by the Lloyd's Market:

http://www.lloyds.com/Lloyds_Market/Capacity/Funds_at_Lloyds.htm

Funds at Lloyd's
Each member of Lloyd's is required to provide capital as security to support their total Lloyd's underwriting business. This is known as Funds at Lloyd's. The level of Funds at Lloyd's determines the amount of insurance business a member can underwrite.
The amount of funds required from members will vary, depending on the perceived level of risk in the business which they underwrite. This is known as "enhanced capital requirement" or ECR

You may also want to check this link to learn about Solvency II:
http://www.lloyds.com/Lloyds_Market/Solvency_II/Background/

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