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Liability Risk and Insurance

Sackville syndicate rated B-

Moody’s Investors Service has rated Syndicate 1047, managed by Sackville, at B- (below average performance) and under review for possible downgrade. Liability oriented syndicate 1047, written in parallel with syndicate 1173, is proposed to merge with Sackville managed syndicates 1173 and 2121 for the 2003 account.

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