| 14 July 1999 | Crowe Loading Lloyd's have advised Crowe Syndicate Management Ltd. that a loading of 10% has been included in the risk assessment computation used to calculate the minimum capital requirement of those members for whom the Agency will act in respect of the 2000 year of account. Crowe are working with Lloyd's Regulatory Division with the objective to eliminating the need for this loading prior to the coming-into-line requirements for 2000. |