LLOYD’S PETITION
January 1st, 2002
BY KEITH NUTHALLTHE ABILITY of the European Commission to effectively monitor the European Union insurance sector has been called into question by MEP's, who have admitted being "astonished" after receiving official complaints about irregularities at Lloyd's of London dating back 20 years. In many cases, claimed the petitions committee of the European Parliament, "the Commission had known nothing about them."These formal protests from Lloyd's Names lodged with the committee have sparked a Brussels inquiry into whether the insurance market's rules break the first ...
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