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The Chairman's view on Lloyd's year

Chairman of Lloyd’s, Lord Levene gave his assessment of Lloyd’s year in front of a full house in the Old Library at Lloyd’s today. He commended the London market for dealing admirably with the losses from three of the worst hurricanes on record. Following the storms he said that the London market had carried on as usual and this was to be commended.

His speech, which is in full below, also addressed the recent deal with China and the EU competition commisssion enquiry.

"First of all, thank you for inviting me to speak to you again as part of this

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