Lloyd's: Law and Practice

Author: Julian Burling
Publisher: Informa Law
ISBN: 9781032918150

Published In: October 2024
Format: Paperback , 588 pages
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only
Hardback Edition ISBN: 9781843119555

List Price: HKD 3,510.00

HKD 3,404.70 Save HKD 105.30 (3%)

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Contents
Author

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The unique features of the Lloyd’s Corporation and Market and their governing rules are complex and are often difficult to navigate even for the most seasoned practitioner. This book provides the reader with a definitive and detailed guide, and is essential for any practitioner dealing with Lloyd’s Insurance.

After a brief historical account, the book provides a thorough legal description and analysis of Lloyd’s, which includes topics ranging from the constitution and membership requirements of Lloyd’s, UK and oversees regulation, the processes for placing and underwriting business and handling claims, chain of security, enforcement and disciplinary matters, compensation and the reconstruction and the renewal of the Lloyd’s market between 1990 and 1996.

The book will be an invaluable reference tool for insurance practitioners and professionals dealing with Lloyd’s.

1. Overview of operation of current Lloyd’s market 2. Historical introduction: 1688-2009 3. Lloyd’s 4. Membership of Lloyd’s 5. Regulation of Lloyd’s Market under FSMA 6. Syndicate structure 7. Managing agents 8. Members’ Agents 9. Lloyd’s brokers 10. Placing/accepting insurance business at Lloyd’s 11. Claims process at Lloyd’s 12. Prudential supervision of underwriting at Lloyd’s 13. Capital Requirements 14. Financial resources at Lloyd’s (1): syndicate level 15. Financial resources at Lloyd’s (2): member level - "Funds at Lloyd’s" 16. Financial resources at Lloyd’s (3): the Central Fund and other central assets 17. Solvency Test 18. Accounts and Reporting 19. FSMA Part VII: insurance business transfers to or from members of Lloyd’s 20. Insurers (Reorganisation and Winding Up) (Lloyd’s ) Regulations 2005 21. Enforcement 22. Dispute resolution 23. Regulation of 24. embers of Lloyd’s overseas 25. Agency Department 26. Lloyd’s subsidiaries 27. Reconstruction and Renewal (1990-6) and Equitas

Julian Burling is a barrister at Serle Court, and has been involved in advising on and implementing nearly all significant legal developments at Lloyd’s in the last 25 years.