Lloyd’s initiates operations in Lebanon through coverholders

Lloyd’s initiates operations in Lebanon through coverholders
October 27, 2018
Business

Lloyd’s initiates operations in Lebanon through coverholders

The Insurance Control Commission (ICC) announced today that Lloyd’s underwriters are permitted to appoint coverholders in Lebanon to write reinsurance business. Intermediaries in Lebanon licensed by the ICC, wishing to be a Lloyd’s reinsurance coverholder, are required to go through the Lloyd’s coverholder approval...

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