AM Best downgrades MS Amlin's Lloyd's syndicate

AM Best has downgraded the financial strength of MS Amlin's
Lloyd's syndicate to A from A+ citing weakened performance over
the past five years.
In a statement today AM Best revealed the result of its review
of Syndicate 2001, which also saw it reduce the insurer's
long-term issuer credit rating by one notch to a+ to bring it in
line with the Corporation's own rating.
It said the downgrade primarily reflected the view that the
syndicate's technical performance no longer...