ACE Ltd. announced on December 4 that it is to cut its underwriting at the Lloyd’s of London insurance market by more than a third next year.ACE, which is one of the largest investors at Lloyd’s, will cut its capacity to approximately $1 billion (£650 million) in 2003 from about $1.4 billion this year.
Articles Bermuda Insurance Listed Securities United KingdomDecember 31, 2002
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Bermuda Insurance Listed Securities United KingdomKeywords
ACE Ltd. Bermuda Insurance Market Lloyds of London