Lloyd's outlines MTE syndicate support measures
Lloyd's has set out a series of measures to aid recovery after
a market-turning event (MTE), which are designed to maintain its
solvency and ability to pay claims.
In a report released this week, the Corporation revealed six
"guiding principles" which aim to allow syndicates to
bounce back during the aftermath of a major catastrophe and to help
capital flow more efficiently back into the market.
Jon Hancock, Lloyd's director of performance management,
said the goal of the review was...
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