Insight and Intelligence on the London & International Insurance Markets 24 Apr 2018

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Lloyd's gauges strong ILS interest in Central Fund deal

  • Bernard Goyder 27 March 2018
  • The insurance-linked securities (ILS) market has expressed "strong interest" in insuring the Lloyd's Central Fund, according to Lloyd's chief financial officer John Parry.

    The Corporation is looking at bringing in ILS capital as soon as next year to back the Central Fund, following the introduction of the UK's new ILS framework, Parry told journalists after Lloyd's published its annual results.

    Parry said Lloyd's had already met with investors to discuss the possibility of involving alternative capital in the funding structures...

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