Lloyd's insurers may tap names for cash

LONDON (Reuters) - Lloyd's of London insurers may go back to the names to raise more cash, the Financial Times reports.

Alistair Wood, head of research at Hampden Agencies, one of the three members agencies responsible for channelling private money into the Lloyd's market, told the paper: "We are talking to a number of insurers who are interested in raising private capital this way and investors are eager to take advantage of an improving market.

In the first three weeks of December, Amlin (AML.L), a Lloyd's insurer, raised almost 50 million pounds from private investors, the paper says.

"The fundraising took just three weeks from start to finish and the costs were low," Wood said.

Neither Hampden Agencies nor Lloyd's of London returned calls seeking comment.

(Reporting by Ben Deighton; Editing by Leslie Gevirtz)