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Lloyd's obtains licence to write direct general insurance business in Guernsey
(13/01/2009)

Lloyd’s has obtained a licence to write direct general insurance business in Guernsey. Before now Lloyd’s has been viewed as a ‘Recognised Insurer’, which has meant underwriters have only been permitted to write Guernsey insurance business from London on a cross-border basis. The new licence permits Lloyd’s underwriters to write insurance business locally through cover holders and for managing agents to establish service companies in Guern... [more]

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