Lloyd’s 2011 capacity flat despite soft market
Lloyd's total stamp capacity for the 2011 year of account will be almost identical to the record 2010 level despite the enervating effects of the soft market.
The results of an exclusive survey by The Insurance Insider show capacity across all syndicates flat year-on-year at £23.3bn.
The capacity figures emerge against average London market rate falls of between 5 and 10 percent on renewal for most classes - according to brokers at least - as the capacity glut and relatively...
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