Council of Lloyd's Confirms Member Appointments

February 7, 2007

The Council of Lloyd's has confirmed the following appointments, made at a meeting on Monday, Feb. 5:
-- Lord Levene was re-appointed as Chairman of Lloyd's;
-- Graham White, Executive Director of Argenta Private Capital Ltd, was appointed as Deputy Chairman of Lloyd's to replace Bronek Masojada, Chief Executive of Hiscox, whose term of office on Council expired on 31 January 2007;
-- Ewen Gilmour, Chief Executive of Chaucer Syndicates Ltd, was re-appointed as Deputy Chairman of Lloyd's; and
-- Bill Knight was re-appointed as Deputy Chairman of the Council.

Lord Levene commented: "I would like to thank the Council members whose terms of office have come to an end for their hard work, especially Bronek for his major contribution as Deputy Chairman of Lloyd's.

"I am pleased to welcome the new members of Council and am delighted that Graham White will now serve as Deputy Chairman. He brings to the role his invaluable experience of Lloyd's and the insurance market."

White stated that he is "delighted to be appointed as Deputy Chairman at this important time for the market. Lloyd's is in a position of strength and is making good progress. I look forward to working towards further improving the market's competitive position."

As from 1 February 2007, the Council of Lloyd's consists of the following members:
Working Members
Lord Levene of Portsoken (Chairman of Lloyd's and Chairman of Council)
Ewen Gilmour (Deputy Chairman of Lloyd's)
Graham White (Deputy Chairman of Lloyd's)
Rupert Atkin *
Nigel Hanbury
Christopher Harman *

Nominated Members
Richard Ward (CEO of Lloyd's)
Bill Knight (Deputy Chairman of Council)
Celia Denton
Judith Hanratty
Philip Lader
Andreas Prindl

Corporate 'C' External Members
Brit UW Limited, represented by Anthony Townsend **
Dornoch Limited, represented by Dermot O'Donohoe *
Hardy Underwriting Limited, represented by Barbara Merry *
MAP Capital Limited, represented by David Shipley

Individual External Members
AJ SLP09, represented by Peter Morgan
Alan Lovell *

* New members as at 1 February 2007
** Re-elected as at 1 Februray 2007

All new appointments commenced on 1 February 2007 and have been approved by the Financial Services Authority (FSA).