Established for the protection of policyholders in the event of a member being unable to meet their underwriting liabilities. It is financed by contributors from all active members based on their premium limits and administered by Lloyd’s. , See New Central Fund.

Popularly known as Central Government Health Scheme (CGHS) the Scheme was introduced in 1954 for the central government employees working for civilian assignments. It aims to provide comprehensive medical care to employees and their families and is partly funded by the employees and largely by the employer (central government). In 2010 CGHS has a base of 10.26 lacs card holders with a beneficiary base of 33,59,445 as of March 2015.

In a risk retention plan of an organization that charges some retained losses back to the individual departments or other profit centers, the headquarters account against which losses not absorbed by the individual profit centers are charged. Thus, a central loss fund may be charged for losses that exceed a profit center’s individual retention level or are caused by perils that are not within a profit center’s intended retention.

Central Road Research Institute (CRRI), a premier national laboratory established in 1952, a constituent of Council of Scientific and Industrial Research (CSIR) is engaged in carrying out research and development projects on design, construction and maintenance of roads and runways, traffic and transportation planning of mega and medium cities, management of roads in different terrains, improvement of marginal materials, utilization of industrial waste in road construction, landslide control, ground improvements environmental pollution, road traffic safety and analysis & design, wind, fatigue, corrosion studies, performance monitoring/evaluation, service life assessment and rehabilitation of highway & railway bridges. The institute provides technical and consultancy services to various user organizations in India and abroad. For capacity building of human resources in the area of highway Engineering to undertake and execute roads and runway projects, Institute has the competence to organize National & International Training Programs continuing education courses since 1962 to disseminate the R&D finding to the masses.

Under the Solvency II regime Lloyd’s monitors the amount of eligible capital available to cover its market-wide SCR (MWSCR) and central SCR (CSCR). This is calculated as total eligible capital as a percentage of the respective solvency capital requirements.

Headquarters station for private fire or burglar alarm companies where the report of a fire or unauthorized entry into a premises is first recorded.

A subsidiary of the Society that is permitted to underwrite run-off reinsurance contracts for syndicates in run-off and estate protection reinsurance for Names.