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Price softening opens door for smaller Lloyd's syndicates to grab market share

Lloyd's building

Catlin Group’s primary syndicate remains the leading Lloyd’s syndicate in terms of 2013 gross written premium, although its top spot could be under threat as other operations seek to obtain fresh market share.

According to data compiled by SNL Financial on the Lloyd's market, Catlin Underwriting Agencies Lloyd's syndicate 2003 generated GWP of £1.92bn in 2013, equating to a 7.34% market share, which was

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