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Wellington forecast points to growth from Folgate tie-up

Wellington Underwriting Agencies, the Lloyd’s managing agency wholly owned by Wellington Underwriting, has issued updated forecasts relating to the 2002 and 2003 years of account for its managed syndicate 2020, as at 30 June 2004.

Capacity for 2005:

Subject to Lloyd’s approval, capacity for 2005 is expected to remain at £730m. While the total capacity remains unchanged, the underlying business mix has shifted in order to write

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