Lloyd's Sees Price Cycle As 2005 Top Issue

NU Online News Service, April 20, 3:52 p.m. EDT?Lloyd's of London underwriters see managing the pricing cycle as this year's most important industry issue, according to the market's annual opinion survey.[@@]

The survey of 102 Lloyd's underwriters found that 44 percent of those interviewed believe managing the cycle is the most important challenge to address this year. Achieving "contract certainty" was cited as the next most important issue, followed by the need to achieve transparency and disclosure.

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