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Reweb - Lloyd's estimates 2005 capacity.
(From Reinsurance)
The Lloyd's market expects to have the capacity to underwrite GBP13.7bn of business in 2005, according to chief executive Nick Prettejohn, a drop of around 9% on 2004's capacity, reflecting the market's disciplined approach to current conditions. The announcement follows discussion with each business in the market about their plans for 2005, and approval of those ...
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