Top Syndicates Write Varied Business: S&P.

National Underwriter Property & Casualty-Risk & Benefits Management, June, 2000 by HOWARD, LISA S.

The best-performing Lloyd's syndicates have above-average capacity and write composite business; while the worst-performing ones are in the motor sector or write a general liability book, according to standard & Poor's recently leased annual Lloyd's Syndicate Performance Measure. "Generally the composite vehicles appear to be outperforming the market" and particularly the more-specialized, single-sector syndicates, Kevin Willis, director of S&P Insurance Ratings in London, said in an interview.

Lloyd's syndicates and also insurance companies are interested in becoming bigger because of the benefits that diversity brings, Mr. Willis added. "They can balance the poorly performing portfolios against the more strongly performing portfolios, and that is a...

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