Premiums trust deeds

Trust deeds governing various premiums trust funds

Lloyd’s American trust deed (LATD) (1.65mb, pdf)

The LATD governs the Lloyd’s American Trust Fund (LATF), held in New York, in which premiums and other receipts in connection with US dollar denominated general business written before 1 August 1995 are held to meet liabilities in respect of that business.

Lloyd’s American trust deed (LATD) (long term business) (612KB, pdf)

There is a separate LATD for long term business governing the LATF for US dollar denominated long term business.

Lloyd’s American instrument (LAI) (183KB, pdf)

The LAI governs the Lloyd’s dollar trust fund in which premiums and other receipts in respect of US dollar denominated general business incepting after 31 July 1995 are held.

 

Security deposits

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

Lloyd’s US situs credit for reinsurance trust deed (374KB, pdf)

This deed governs the US situs credit for reinsurance trust fund which is held in the US as security for ceding insurers and to enable members to qualify as approved or accredited reinsurers under the laws of various jurisdictions in the US.

Lloyd’s American credit for reinsurance joint asset trust deed (75KB, pdf)

This deed governs the Lloyd’s American credit for reinsurance joint asset trust fund which is held in the US as security for ceding insurers and to enable members to qualify as approved or accredited reinsurers in the US.

Lloyd’s US situs excess or surplus lines trust deed (233KB, pdf)

This deed governs the excess or surplus lines trust fund which is held in the US as security for US policyholders and to enable members to qualify as eligible or approved surplus or excess lines insurers.

Lloyd’s American surplus or excess lines insurance joint asset trust deed (68KB, pdf)

This deed governs the Lloyd’s American surplus lines joint asset trust fund which is held in the US as security for US policyholders and to enable members to qualify as eligible or approved surplus or excess lines insurers.

Lloyd’s Illinois licensed and 1104 multiple trust deed (64KB, pdf)

This deed determines the manner in which members licensed to transact insurance business in Illinois maintain in Illinois assets in compliance with article V of the Illinois insurance code in respect of Illinois policies issued since 1 January 1993.

Lloyd’s Kentucky trust deed (137KB, pdf)

This deed governs the Lloyd’s Kentucky trust fund, held in Kentucky as security for Kentucky policyholders and to maintain members’ certificate of authority as licensed insurers in that state.

Lloyd’s Kentucky joint asset trust deed (52KB, pdf)

This deed governs the Lloyd’s Kentucky joint asset trust fund, held in Kentucky as security for Kentucky policyholders and to maintain members’ certificate of authority as licensed insurers in that state.