Lloyd's denies reports of £200m retakaful syndicate set-up
Lloyd's has said that it is currently researching the viability of a retakaful syndicate, but has denied press reports that it is in advanced stages of setting up a syndicate.
On Tuesday Reuters reported that Lloyd's was "examining the viability of an Islamic reinsurace, or takaful, syndicate with interested parties" and planning a capacity of up to £200m.
It is understood
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