About Lloyd’s Europe

Lloyd’s Europe

Since the outcome of the UK Brexit referendum, Lloyd’s has been working to ensure that, whatever the outcome of the Brexit negotiations, the Lloyd’s market would be ready to continue doing business with its partners in the European Economic Area (EEA).

For that purpose, Lloyd’s Insurance Company, SA (“Lloyd’s Europe”) was incorporated. Lloyd’s Europe is an insurance company authorised and regulated by the National Bank of Belgium and regulated by the Financial Services and Markets Authority (FSMA).

From 1/1/2019, Lloyd’s Europe is licensed to write non-life risks from all EEA countries and the UK.

 

How to place risks with Lloyd’s Europe?

From 1/1/2019, Lloyd’s Europe is licensed to write non-life risks from all EEA countries and the UK.

Lloyd’s Europe can accept risks and issue policies through coverholders (underwriting agencies in Spain), service companies and Lloyd’s brokers. In all cases, Lloyd’s Europe is the insurer.

For more information on how Lloyd’s Europe works, please visit https://www.lloydsEurope.com.

 

Lloyd’s Europe Solvency

Lloyd’s Europe benefits from the Lloyd’s market’s financial strength, including the Central Fund at Lloyd’s. As 100% of Lloyd’s Europe policies are reinsured, in turn, by the Lloyd’s Syndicates, they are backed by the unique capital structure of Lloyd’s, known as the Chain of Security.

All Lloyd’s Europe policies have the same financial ratings as Lloyd’s: A (Excellent); A+ (Strong) and AA- (Very Strong) from AM Best, Standard & Poor’s and Fitch, respectively.

 

Lloyd’s Europe in Spain

Lloyd’s Europe is licensed to write insurance (Freedom of Services and Freedom of Establishment) and reinsurance business in Spain.

Lloyd’s Europe has a General Representative in Spain and a representative office. For more information, please visit www.lloyds.com.