ILS taskforce considers Lloyd's cooperation
The London taskforce established to attract insurance-linked
securities (ILS) business to London is considering how the
Lloyd's market could play a regulatory role in helping business
to be done locally.
It is understood that during the last taskforce meeting at the
end of September, participants discussed whether it would be
desirable for Lloyd's to play a regulatory role.
The view was that ideally participants would prefer supervision
from both the Prudential Regulation Authority (PRA) and
Llo
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