Lloyd’s ‘A’ Rating Affirmed/Outlook Negative

May 29, 2000

Lloyd’s “A” rating and financial size category of XV were affirmed by A.M. Best. However, the rating continues to carry a negative outlook. While the rating is applicable to the business written by 122 active underwriting syndicates that have common policyholder security as well as to all policies written since the 1993 year of account, it does not apply to the obligations of Equitas Ltd.

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