Syndicate 735
| 03 November 2000 | Syndicate 735 Risk Assessment Capital Loading lifted Wren Syndicate Management Ltd has advised that it has received verbal confirmation from Lloyd's Monitoring Department that the decision to impose a capital loading on Syndicate 735 for the 2001 account has now been reversed. At a meeting on 20th October 2000, the Prudential Supervision Committee reversed its earlier decision to impose a loading of 20% as a result of the syndicate forecasting losses in excess of 10% for the 1998 and 1999 years of account. |
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