SVB closes 2001, but Syndicate 1007 downgraded as loss deteriorates
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SVB closes 2001, but Syndicate 1007 downgraded as loss deteriorates

15 March 2004
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Ratings agency Moody’s last Friday (12 March, 2004) downgraded SVB’s Syndicate 1007 from A1 to A2 after the Lloyd’s quoted insurer revealed further deterioration on its 2001 result.

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News March 2004/4
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