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Liability Risk and Insurance

Equitas figures for 2005/06

Equitas, the Lloyd’s run-off vehicle, has reported a very slight fall in its solvency margin to 12.0% in the year to 31 March 2006, from 12.2% for the previous year. The retained surplus fell by £18mn to £458mn. Equitas said that a positive operating performance had been offset by reserve increases, mainly for asbestos.

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