Lloyd’s clarifies rules over limits of Tier 2 capital in economic capital assessments
Lloyd’s has issued a market bulletin updating requirements around the provision of Tier 2 capital to support members’ economic capital assessments to accommodate the time and cost associated with changing letters of credit, as well as to eliminate existing ambiguity and confusion.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below