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Lloyd’s of London negotiated a five-year, $461 million loan to fund its restructuring. It will repay the loan through a charge of up to 1.1 percent on premiums for all members beginning in 1997.
Lloyd’s of London negotiated a five-year, $461 million loan to fund its restructuring. It will repay the loan through a charge of up to 1.1 percent on premiums for all members beginning in 1997.