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Moody's upgrades the performance rating of Lloyd's syndicate 2001 to A-

29 September 2003

Moody's Investors Service has upgraded its B+ (Above Average) performance rating of Amlin syndicate 2001 to A- (Good)- the rating outlook is stable. Moody's stated that the rating change reflects its view that, against the improving financial fundamentals of syndicate 2001, the potential cross-cycle performance of syndicate 2001 is consistent with that expected from the A-rating category.

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