Lloyd’s America primed for zero-collateral reinsurance regime from October 2022
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Lloyd’s America primed for zero-collateral reinsurance regime from October 2022

Rachel Dalton
01 June 2021
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Lloyd’s America will apply for regulatory approval for the market to benefit from the zero-collateral regime introduced by the US-UK covered agreement from 1 October 2022, the Corporation said in a market bulletin.

Lloyd’s expects its US operation to have “reciprocal reinsurer status” from that date, with the covered agreement having taken effect on 22 September 2022.

The

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Rachel Dalton
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