Persons entitled
- Lloyd's
Amount secured
All losses, claims, expenses, returns of premiums, re-insurance premiums and other outgoings payable as at the date of the trust deed or at any time thereafter to become payable in connection with or arising out of the business of the company (whether current or past or future) excluding any long term business and also excluding any business conducted for any underwriting year of account commencing after the sixtieth anniversary of the date of the trust deed
Short particulars
Subject to exceptions specified in the trust deed (1) all premiums, monies, investments and other assets belonging to or becoming payable to the company in connection with its underwriting business, other than long term business at lloyd's (2) all further assets added to the trust fund (3) all investments and other assets at the date of the trust deed or thereafter representing any such premiums, assets or other monies and (4) all income from time to time arising from any of the property charged. See the mortgage charge document for full details.