floated by strong results for 2002 ...

floated by strong results for 2002 Lloyd's Chairman Lord Peter Levene is pushing hard for the market to continue modernizing and cutting prices and he warned that resisting change would corrode the competitive positions of players in the market that don't restrain pace.

High costs and inefficiency at Lloyd's are brace legitimate issues that clients bring up consistently when Levene Visits the United States, he said at the Risk and Insurance Management Society's annual interview in Chicago. He acknowledged that Lloyd's can't force its members