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News round-up - London Market - LMP slips into place.

Europe Intelligence Wire

| March 01, 2004 | COPYRIGHT 2004 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)

New research has revealed that only 5% of open market business will be exempt from the requirement to use London Market Principle (LMP) slips.

A study of around 100 brokers carried out by the LMP programme office showed that they expect to place 95% of their open market business to LMP standards, with 5% falling under the exemption ...

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