This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on October 16, 1995. The length of the article is 788 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Lloyd's of London is delaying its issue of individually-calculated statements for the money needed by members to resolve old-year losses and to top their reserves. The complexity involved in the calculations will postpone the notices from the original target of the end of Oct 1995, but members will receive other detailed information on the proposed settlement. Lloyd's is seeking approximately $3 billion from members to create adequate reserves for Equitas, the run-off company created to absorb all liabilities for 1992 and earlier.

Citation Details
Title: Lloyd's delayed in tallying bills for old-years.(Lloyd's of London)
Author: Lisa S. Howard
Publication: National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: October 16, 1995
Publisher: The National Underwriter Company
Issue: n42 Page: p13(2)

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