London Market Issues: The Formation, Funding, and Future of Equitas.
- Resource Type
- Article
- Authors
- Gallozzi, Marialuisa S.; Stevens, Alice
- Source
- Journal of Insurance Coverage. Autumn2002, Vol. 5 Issue 4, p46. 11p.
- Subject
- *INSURANCE companies
ASBESTOS
- Language
- ISSN
- 1096-8342
Discusses the formation, funding and future of Equitas, an entity composed of a group of related insurance companies created to assume the liabilities of individual investors in the Lloyd's market. Background on Equitas; Links of the chain security on which the assets and the claims-paying ability of Lloyd's are based; Overview of new asbestos documentation requirements as of October 2002.