TITLE

BROKER-INSURER FACILITIES RAISE CONCERNS FOR LLOYD'S

AUTHOR(S)
VEYSEY, SARAH
PUB. DATE
June 2013
SOURCE
Business Insurance;6/3/2013, Vol. 47 Issue 11, p0004
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that executives at the insurance company Lloyd's of London have called on insurance companies to be careful when entering into deals such as the facility launched by Aon PLC and Berkshire Hathaway Inc. As part of the agreement, Berkshire Hathaway International Insurance Ltd. will take a 7.5 percent share of all of Aon's retail placements in the market in London, England. It mentions that Lloyd's underwriters are participating in the London, England market.
ACCESSION #
88073552

 

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