Standard & Poor's Ratings Services has removed Lloyd's fromcredit watch and affirmed its ratings after reassurances the marketcould handle its hurricane losses.

S&P said today that it has affirmed its "A" long-terminsurer financial strength rating and its "A" long-termcounterparty credit rating and "triple-B-plus" long-term juniorsubordinated debt rating on Lloyd's Market.

S&P also removed Lloyd's from credit watch, where they hadbeen placed with negative implications on Sept. 9. The outlook isstable.

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