Special provisions in the Japan Insurance Business Law allow Lloyd’s members to underwrite non-life business in Japan through a single general agent (coverholder), Lloyd’s Japan Inc.
Lloyd’s, the world’s specialist market for insurance and reinsurance, today announced a profit of $3.1bn for 2015. The results demonstrate Lloyd’s continuing financial strength and sound market-wide performance despite a turbulent macro-economic backdrop.
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Lloyd’s City Risk Index 2015-2025 identifies $326.63 billion of Japan’s GDP at risk
The Lloyd’s City Risk Index 2015-2025 presents the first ever analysis of economic output at risk (GDP at risk) in 301 major cities from 18 manmade and natural threats over a ten-year period.
Lloyd’s makes it even easier to underwrite Japanese risks through Open Market Model
Lloyd’s has improved the arrangements for the underwriting of risks located in Japan, but controlled outside Japan.