Lloyd's opens up to small investors
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.THE ADMISSION of corporate capital to Lloyd's gained approval last week, paving the way for small investors to have a punt in the insurance market, writes Alison Eadie.
Some 20 or more corporate capital vehicles have been launched, nearly all aiming for investment trust status with a PEP option.
Although many boast blue chip sponsors, the test is the clout of their Lloyd's advisers. Murray Lawrence Members Agency has warned that advisers lacking relationships with existing underwriters will have problems finding capacity on the best syndicates. Many of the new vehicles claim they have been promised capacity on good syndicates from January.
Prospective investors wanting to check past performance can obtain syndicate tables from Chatset, the Association of Lloyd's Members (pounds 50) or Limelight from Lloyd's (pounds 35).
Dunbar Boyle & Kingsley, the London stockbroker, has just launched an advice service on new vehicles.
Chatset 071-823 6980; ALM 071-283 4026; Lloyd's 071-623 7100.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments