Lloyd’s removes increased central fund contribution rate for new corporate members in 2024
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Lloyd’s removes increased central fund contribution rate for new corporate members in 2024

Aisling Finn
29 September 2023
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Lloyd’s has removed the increased rate of 1.05% for central fund contributions for new members.

From 1 January 2024, new members will not have to pay an increased charge of 1.05% of gross written premium (GWP) in the approved business plans.

The

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