MLchartDataset catalogue

Lloyd's Central Fund

Term · Insurance and risk management · MLC-T-INS-002044

A mutual fund maintained by the Corporation of Lloyd's to provide additional security for policyholders in the event that a syndicate's own assets are insufficient to meet its liabilities. All underwriting members of Lloyd's contribute to this fund, which acts as a final layer of protection. Its primary purpose is to support the solvency of the Lloyd's market as a whole.

Table 1. Record
IdentifierMLC-T-INS-002044
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002044",
  "term": "Lloyd's Central Fund",
  "field": "Insurance and risk management",
  "definition": "A mutual fund maintained by the Corporation of Lloyd's to provide additional security for policyholders in the event that a syndicate's own assets are insufficient to meet its liabilities. All underwriting members of Lloyd's contribute to this fund, which acts as a final layer of protection. Its primary purpose is to support the solvency of the Lloyd's market as a whole.",
  "url": "https://mlchart.com/terminology/insurance/lloyd-s-central-fund/"
}

Record 1,963 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.