Lloyd's Announces $22.5 Billion Capacity

By Lisa S. Howard, International Editor

NU Online News Service, Dec. 12, 11:55 a.m. EST, London?Lloyd's capacity for 2003 is estimated to be a record ?14.25 billion ($22.5 billion), compared to the ?12.3 billion ($19.4 billion) of capacity available to the market for 2002, Lloyd's of London Chief Executive Officer Nick Prettejohn announced.

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