Crowe syndicate 53 downgraded to C- below average

LONDON - Ratings agency Moody's Investor Services yesterday downgraded theperformance rating of Crowe Syndicate Management's syndicate 53 to C- BelowAverage, from C+ Below Average, The move � part of Moody's on-goingassessment of Lloyd's syndicates - comes after Crowe announced it would notbe supporting the syndicate for the 2001 year of account.