What term is used to describe individuals with limited liability at Lloyd's?

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The term used to describe individuals with limited liability at Lloyd's is "A Name." At Lloyd's of London, "Names" are individuals or entities that provide capital to the syndicates and are liable for the losses incurred by those syndicates, but only to the extent of their investment. This structure allows them to participate in underwriting business while limiting their risk exposure.

Limited liability is a crucial aspect of the Lloyd's model, enabling these individuals to contribute financially without risking their entire personal fortune. While "Members" could refer to both individuals and corporate entities participating in Lloyd's, the specific designation of "A Name" emphasizes the individual’s unique position and limited liability status. The other options refer to broader roles or concepts within the Lloyd's market but do not specifically capture the limited liability characteristic associated with "A Names."

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