This section provides an introduction to the Lloyd's market.
It explains the basic terms and concepts used in the Lloyd’s
market – members, syndicates, managing and members’
agents, and syndicate capacity. It also looks at the regulation and
management of Lloyd’s and its capital structure.
| LLM1010 | Background |
| LLM1020 | Market developments: 1992 to 2002 |
| LLM1030 | Market developments: 2002 onwards |
| LLM1040 | Basic concepts and terms: types of Lloyd's member |
| LLM1050 | Basic concepts and terms: types of Lloyd's member: individuals |
| LLM1060 | Basic concepts and terms: types of Lloyd's member: companies |
| LLM1070 | Basic concepts and terms: types of Lloyd's member: conversion vehicles |
| LLM1080 | Basic concepts and terms: syndicates |
| LLM1090 | Basic concepts and terms: managing agents and premium trust funds |
| LLM1095 | Basic concepts and terms: managing agents and premium trust funds: aligned member syndicates |
| LLM1100 | Basic concepts and terms: coverholders, Lloyd's brokers and placing risk at Lloyd’s |
| LLM1110 | Basic concepts and terms: members’ agents and MAPAs |
| LLM1120 | Basic concepts and terms: syndicate capacity |
| LLM1130 | Basic concepts and terms: syndicate capacity: rights attaching to |
| LLM1140 | Basic concepts and terms: syndicate capacity: acquisition and disposal |
| LLM1150 | Basic concepts and terms: syndicate capacity: Members’ Agent Pooling Arrangements (MAPAs) |
| LLM1160 | Regulation and management: the Council of Lloyd’s, the FSA and the Franchise Board |
| LLM1170 | Regulation and management: the Corporation and central functions |
| LLM1180 | Capital structure: the chain of security |
| LLM1190 | Capital structure: the chain of security: premium trust fund |
| LLM1200 | Capital structure: the chain of security: Funds at Lloyd's |
| LLM1210 | Capital structure: the chain of security: the Central Fund and other central assets |
| LLM1220 | Capital structure: the chain of security: solvency |