Lloyd’s: Financing Review for Group Life Assurance Benefits
Lloyd’s: Financing Review for Group Life Assurance Benefits
2 PagesThe situation Lloyd’s is the UK-based, global insurance and reinsurance market, accepting business from more than 200 countries and territories worldwide. The Lloyd’s Pension Scheme (LPS) has an active membership of around 700. Historically, this Scheme had self-insured both its lump sum death-in-service benefits and its dependants’ death-in-service pensions (DDISPs). An insured ‘stop-loss’ policy had previously been put in place to
