Lloyd's has released a new three-year plan–2008 to 2010–that underscores the use of underwriting discipline in a changing market.
Lloyd's Chief Executive Officer Richard Ward commented that the "market and corporation have achieved a number of key objectives, including upgrades from two ratings agencies, the development of a solid performance management framework and strong financial assets."
He added that the market remains in a "strong position to deal with any issues that it faces and capitalize on opportunities."
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