Lloyd's does not expect its capital requirements to increase by more than £2bn, or 10 percent of its capital base, under Solvency II, but is lobbying hard over restrictions on the use of Letters of Credit (LoCs).
Lloyd's does not expect its capital requirements to increase by more than £2bn, or 10 percent of its capital base, under Solvency II, but is lobbying hard over restrictions on the use of Letters of Credit (LoCs).