FAL

(redirected from Funds At Lloyd's)
AcronymDefinition
FALFRAME (Fund for the Replacement of Animals in Medical Experiments) Alternatives Laboratory
FALBundesforschungsanstalt für Landwirtschaft (federal research institute for agriculture, Braunschweig, Germany)
FALFerrovie Appulo Lucane (Italian railway company)
FALFrance Amérique Latine (French: France Latin America; association)
FALFoothill Athletic League (San Francisco, CA)
FALFusil Automatique Leger (Fabrique Nationale Light Automatic Rifle)
FALFédération des Associations Laïques (French: Secular Association Federation)
FALFédération des Amicales Laïques (French: Lay Fellowship Federation)
FALFinal Assembly Line
FALFunctional Adult Literacy (various locations)
FALConvention on Facilitation of International Maritime Traffic (Maritime Law)
FALFaliscan (linguistics)
FALFirst Approach and Landing (US NASA)
FALFailure Analysis Laboratory (various organizations)
FALFunds At Lloyd's (insurance)
FALFrame Alignment Loss
FALFrequency Allocation List
FALFuji Air Line (Japan)
FALFault Applicability List (Navy PPP based curriculum development)
FALFall About Laughing
FALForces Armées de Laos (Lao Armed Forces)
FALFilter, Air, Carbon/Charcoal
FALFeature-Assisted Lithography
FALFunctional Area Lead
References in periodicals archive ?
However, the requirement for members to replenish their funds at Lloyd's to meet their current underwriting liabilities, as part of the "coming into line" process, partly mitigates the potential for volatility in risk-adjusted capitalization due to operating losses.
Together, Hamilton and WGH have provided Funds at Lloyd's for the 2015 year of account.
"When you put up your funds at Lloyd's, you provide letters of credit, bank guarantees, cash or certain other qualifying investments.
"If a syndicate suffers exceptional losses and wipes out its own premium trust funds, its working capital, it can then turn to the Funds at Lloyd's," Savage said.
AaAaAaAaAaThe second link is members' funds at Lloyd's. Each member must provide capital to support its underwriting.
(The four links, in addition to the central fund, include the Premium Trust Fund, the Funds At Lloyd's and other personal wealth of members.) "This five-year insurance policy improves the balance sheet of Lloyd's to the benefit of policyholders, and also sends a strong message as to the peer group's assessment of the market's financial strength."
Excluding returns on funds at Lloyd's, the market lost more than $500 million in 1997 and almost $2 billion in 1998.