Canadian trust deeds

Premiums trust deeds and security deposits

Premiums trust deed
 
Lloyd’s Canadian trust deed (LCTD) (277KB, pdf)The LCTD governs the Lloyd’s Canadian trust fund, held in Canada, in which premiums and other receipts in connection with Canadian situs business are held to meet liabilities in respect of that business.

Security deposit

Security deposits provided or maintained in respect of the insurance business of members in accordance with the statutory or other requirements applicable in Canada.

Lloyd’s Canadian Margin Fund Trust Deed (1.28mb, pdf) This deed governs the Lloyd’s Canadian Margin Fund, a joint asset trust fund in Canada securing payment of judgment debts in respect of post-1992 Canadian regulated business in the event they are not satisfied out of the Lloyd’s Canadian Trust Fund.
Last updated on 12 Jul 2007