Certainly it was Lloyds years ago, but methinks after an incident in '93, they may heve revised their relationship.
On that occasion CAA (CASA's predecessor) issued a Permissable Unsrevicability Schedule (PUS) for an aircraft engaged in RPT in the central west of NSW. In the aftermath of the crash of said aircraft on one dark and stormy night, the legal representatives of the victims used the findings of the Coroners inquest to sue CAA. An ex-gratia payment of $20 million was made by Lloyds (on behalf of the CAA) to the families of the 5 pax involed, with the proviso of course that no further action be taken. The families of the two crew members recieved nothing. The $180,000 that was supposed to be provided as part of their superanuation insurance was withheld by the insurer because of the doubt that he company was operating the aircrat in accordance with their AOC!
The FOI who issud the PUS was summarily liquidated, the organisation's name was changed to CASA, and the same incompetants running the show simply carried on.
Frankly, I'm surprised they can get insurance at all!