Lloyd's overall policyholder security in relation to syndicates currently trading in the market has improved materially in the past year, Moody's Investors Service reported.

Increased central assets, declining calls on the central fund and the effective resolution of Equitas have all enhanced the minimum security offered by Lloyd's for all syndicates, the Moody's study said.

Robert Smith, vice president and senior analyst as well as author of the report, said that Lloyd's remains an effective and attractive trading platform to most entities.

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