Lloyd's ‘solvency’ case to go to EU Court of Justice

MEPs curious about the factors that led the Commission to start infringement proceedings against the UK government, only to later drop the charges

Lloyd's ‘solvency’ case to go to EU Court of Justice

The European Commission and the European Parliament are heading for a showdown over the issue of Lloyd's compliance with EU regulatory and solvency rules pre-2001 – and accusations that shortcomings led to multiple bankruptcies among ‘Names’.