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Name-dropping.
- Source :
-
Economist . 8/29/1992, Vol. 324 Issue 7774, p70-71. 2p. 1 Black and White Photograph. - Publication Year :
- 1992
-
Abstract
- This article focuses on the insurance market in London, England with reference to Lloyd's of London. The collapse of the excess-of-loss reinsurance market has had knock-on effects. The market's capacity may shrink. Capacity can support more insurance than before. Solvency has also become less of a worry. The central fund, which meets losses that names do not, has been doubled after an emergency top-up levy. Over three-quarters of the 1989 losses have already been met by names. Some names who want to stay will fail their solvency test, there is tentative talk of a scheme to help them out.
- Subjects :
- *INSURANCE exchanges
*MONEY market
*FINANCIAL institutions
*MONEY supply
Subjects
Details
- Language :
- English
- ISSN :
- 00130613
- Volume :
- 324
- Issue :
- 7774
- Database :
- Academic Search Index
- Journal :
- Economist
- Publication Type :
- Periodical
- Accession number :
- 9210120302