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  • I still work on the fringe of the Lloyds market and well remember the Names losing their shirts 20 or so years ago when the asbestosis long tail hit.

    The result was a market restructure, I don’t know the numbers but I reckon Names now provide well under 10% of the trading capital.

  • Must have been around that time that Companies started renting boxes in Lloyd's.

    Then shirtsleeves became acceptable.

    And now people don't even care about the apostrophe.

    /jk

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