Lloyd’s Syndicate refers to an entity composed of corporate and/or individual members formed for the purpose of underwriting insurance and/or reinsurance at Lloyd’s, London.
Tag: REINSURANCE
Syndicate, Lloyd’s
A group of Lloyd’s Underwriting members (Names) who jointly offer their security for risks accepted on their behalf by an active Underwriting agency. Each name in the syndicate has an individual liability and is not responsibility for the liabilities of his fellow members.