New Complaints Notices for Ireland, Norway and Sweden
New Complaints Notices have been published in line with the pilot exercise on complaints handling in Ireland, Norway and Sweden, as outlined in Market Bulletin Y4896 dated 7 May 2015.
In July 2015, Lloyd’s obtained approval from the Colombian authorities to open a representative office in Colombia.
Lloyd’s has been registered as a foreign reinsurer with the Colombian authorities since 1999 which enables Lloyd’s underwriters to write reinsurance from Colombia (i.e. on a cross-border basis). The regulator has now granted Lloyd’s the authorisation to establish a representative office in Colombia, which will enable Lloyd’s managing agents to appoint individuals as their delegates within the Lloyd’s office.
A press release announcing the opening of a Lloyd’s representative office in Colombia was issued by Lloyd’s on 14 July 2015. More details on the regulatory implications of this development will be announced in due course.