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Security : Lloyd's
In order to realise the impact that this disaster has on the Lloyd's market it is important that there is a clear understanding of the chain of security that underpins the Lloyd's market and the methodology applied to ensuring capital adequacy. Below you will find brief notes on these two subjects :

Click the headline below to access the full article.
  
Article
 		 Source Date
COMPANIES & FINANCE UK - Insurer doubles WTC estimates Financial Times 23 Jan 2002
Billion Pound Plus Increase pushes Lloyds market to largest ever size. Lloyds 12 Dec 2001
Lloyd's puts loss from attacks on US at £1.9bn Financial Times 28 Nov 2001
Lloyds Broker Market Update Lloyds 28 Nov 2001
Lloyd's Ratings Remain on Watch Negative Following Revised Loss Estimates Standards & Poors 27 Nov 2001
Fitch comments of Sharp Increase of Lloyds of London's own WTC's Loss Projection Fitch 27 Nov 2001
A.M. Best Maintains Under Review Status of Lloyd’s Rating A M Best 27 Nov 2001
40%  Additional Premium Income Will Offset WTC Losses Lloyds 27 Nov 2001
COMPANIES & FINANCE UK - Lloyd's losses could near-double after US attack. Financial Times 26 Nov 2001
Lloyds Broker Market Update Lloyds 19 Nov 2001
Lloyd's to use special cover for US attacks The Times 15 Nov 2001
Lloyd's upset as agency downgrades syndicates Financial Times 01 Nov 2001
US U-turn confuses Lloyd's Lloyds List 25 Oct 2001
Fitch Takes Negative view on Lloyds US Funding Clarification Fitch 25 Oct 2001
Lloyd’s Gross Loss from Terrorist Attacks £5.4bn; Initial Liquidity Issue Addressed Standard & Poors 23 Oct 2001
Lloyds Market Association - Update on Lloyds Market Lloyds Market Association 19 Oct 2001
Hiscox raises terror loss estimate to £30m Insurance Day 19 Oct 2001
17 Oct 2001: World Trade Center - Lloyd’s Market Update Lloyds 18 Oct 2001
Lloyd’s funding concession ‘is only temporary’ Insurance Day 18 Oct 2001
Attacks cost Citigroup $700m in after-tax loss Insurance Day 18 Oct 2001
Lloyd's asks Names to pay £246m for attacks Daily Telegraph 18 Oct 2001
Lloyd’s ‘2001 loss £2.1bn’ Insurance Day 17 Oct 2001
Fitch announces loss estimates for Lloyd's Insurance Times 16 Oct 2001
Amlin revises US terrorist attacks loss estimate Insurance Times 15 Oct 2001
Lloyd's opens books to US investigators Insurance Times 15 Oct 2001
US regulators set to relax Lloyd's rules Financial Times 12 Oct 2001
Moody's downgrades Limit syndicate Insurance Times 11 Oct 2001
Moody's downgrades syndicate 1173 Insurance Times 11 Oct 2001
USA: A.M. Best Affirms Group Rating of General Cologne Re Core Affiliates Best Wire 08 Oct 2001
UK: Business - In brief - Reinsurance costs rise by 25 per cent. Observer 07 Oct 2001
USA: Wellington and Trenwick revise WTO losses Insurance Day 04 Oct 2001
Lloyd’s Liquidity Challenge Insurance Day 02 Oct 2001
USA: Alleghany Corp.'s Insurance Unit Expects $112 Million in Terror Losses Bestwire 01 Oct 2001
Press Release: Lloyd's to Increase Central Assets Over Two Years Lloyd's 28 Sept 2001
St Paul Press Release St Paul 27 Sept 2001
UK: US Tragedy - News - Willis - WTC was covered Post Magazine 27 Sept 2001
Catlin Underwriting Agencies - Claims Arising from the Terrorist Attacks in the USA on 11 September 2001 Catlin Underwriting Agencies 26 Sept 2001
Briefing Note to the Lloyd’s Market Lloyd's 26 Sept 2001
Press Release - Lloyd's Confirms Level of Exposure to US Attacks Lloyd's 26 Sept 2001
Lloyd's of London has confirmed its loss exposure as $1.9bn The Insurance Insider 26 Sept 2001
Hiscox announces stronger interims Insurance Times 25 Sept 2001
AM Best downgrades Lloyd's Insurance Times 25 Sept 2001
USA: A.M. Best Downgrades Rating of Lloyd's, Places Under Review ambest.com 24 Sept 2001
Lloyd's losses on World Trade Center revealed Insurance Times 24 Sept 2001
USA Terror Attacks – update The Insurance Insider 24 Sept 2001
September 11 2001: Implications for the Insurance Industry Tillinghast & Towers Perrin 24 Sept 2001
S&P lowered its financial strength rating to A, from A+ Lloyd's List 24 Sept 2001
Lloyd's downgraded by Standard & Poor's Insurance Times 24 Sept 2001
Association of Lloyd's Members - Letter from the Chairman Association of Lloyd's Members 21 Sept 2001
Kiln Shares Slump as it Announces Interim Results Insurance Times 21 Sept 2001
Chaucer Holdings Estimates Losses from WTC Attack Insurance Times 21 Sept 2001
Hardy says US Attacks won't Affect Results Insurance Times 21 Sept 2001
Fitch Downgrades Lloyd's Insurance Times 21 Sept 2001
Euclidian: Anticipated Loss from US Attacks Insurance Times 20 Sept 2001
Lloyd's Prepared for War, if Only by Definition Insurance Times 18 Sept 2001
Reinsurance Rates Soar Insurance Times 18 Sept 2001