Summary
Appreciating the source (Reuters), the headline of the article (LLoyds said to review insurance units) is misleading. Such headline suggests that the article might apply to Lloyd's of London which is the world-renown syndicated insurance entity and is on very solid financial footing. To the contrary, the article clearly pertains to a very different entity; namely, Lloyds Banking Group. I would respectfully suggest proper clarification when posting future articles on "Lloyds." Respectfully submitted, Paul Walther, CEO Reinsurance Directions, Inc.
Analysis
No additional commentary, as the article pertains to a non-insurance/reinsurance entity which is my area of specialty.
This author consults with leading institutions through GLG
Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
