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News Focus - Lloyd's launches new plan.

Europe Intelligence Wire

| February 01, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Reinsurance)

Lloyd's Franchise Board has set out the market's goal to be the "platform of choice" for large and specialist property/casualty risks. The aim is to make sure that, with increasing competition, Lloyd's is seen as an attractive place in which to invest and do business.

The focus is on making sure Lloyd's is: easy to access; the cost of doing business in the market is competitive; and the market offers capital providers attractive returns and stable financial performance.

Launching the plan, Lloyd's chairman Lord Levene said: "Lloyd's has made very good progress over the ...

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