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22 May 2012

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Lloyd’s syndicates confirm 2012 expansion plans

9 September 2011

On the eve of the first Lloyd's capacity auction for 2012, a number of syndicates with third-party capital have again confirmed plans to expand their capacity for next year.

Blue chip liability Syndicate 386 - managed by QBE - has said it has applied to increase its £365mn capacity by 13.15 percent for next year. Fellow blue chip syndicate Hiscox Syndicate 33 has already announced that it plans to increase its capacity by £100mn to £1bn for 2012, citing improved...

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