Lloyd's: Law and Practice

1. Overview of operation of current Lloyd’s market 2. Historical introduction: 1688-2009 3. Lloyd’s 4. Membership of Lloyd’s 5. Regulation of Lloyd’s Market under FSMA 6. Syndicate structure 7. Managing agents 8. Members’ Agents 9. Lloyd’s brokers 10. Placing/accepting insurance business at Lloyd’s 11. Claims process at Lloyd’s 12. Prudential supervision of underwriting at Lloyd’s 13. Capital Requirements 14. Financial resources at Lloyd’s (1): syndicate level 15. Financial resources at Lloyd’s (2): member level - "Funds at Lloyd’s" 16. Financial resources at Lloyd’s (3): the Central Fund and other central assets 17. Solvency Test 18. Accounts and Reporting 19. FSMA Part VII: insurance business transfers to or from members of Lloyd’s 20. Insurers (Reorganisation and Winding Up) (Lloyd’s ) Regulations 2005 21. Enforcement 22. Dispute resolution 23. Regulation of 24. embers of Lloyd’s overseas 25. Agency Department 26. Lloyd’s subsidiaries 27. Reconstruction and Renewal (1990-6) and Equitas

Julian Burling is a barrister at Serle Court, and has been involved in advising on and implementing nearly all significant legal developments at Lloyd’s in the last 25 years.