Lloyd’s cannot rely on LOCs in the long-term: S&P
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Lloyd’s cannot rely on LOCs in the long-term: S&P

05 October 2012
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In an overwhelmingly positive report about the Lloyd's market, ratings agency Standard & Poor's (S&P) has warned that Lime Street will not be able to rely on letters of credit (LOCs) for its capitalisation in the long-term.

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