Lloyd’s: Solvency II hit to be under £2bn; lobbying on LoCs
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Lloyd’s: Solvency II hit to be under £2bn; lobbying on LoCs

31 March 2010
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Lloyd's does not expect its capital requirements to increase by more than £2bn, or 10 percent of its capital base, under Solvency II, but is lobbying hard over restrictions on the use of Letters of Credit (LoCs).

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