A Lloyd's underwriter is a person who determines premiums, terms, and conditions for insurance...
Lloyd's syndicate
Lloyd's syndicates are the risk bearers at Lloyd's that wirte the insurance.
Additional Information
Syndicates are provided with capital by one or more Lloyd's members and are managed by managing general agents. Syndicates often specialize in a number of classes of business and each syndicate determines its own strategy, including its risk appetite, reinsurance purchases, and claims approach.
Summary
Related Terms
A Lloyd's managing agent is a firm or company having complied with the requirements of the Council...
