Business Insurance, December 15th, 1997
Standard and Poor's Corp disclosed an improved version of its syndicate ranking and called it Lloyd's Syndicate Performance Measures. The five categories of 'crowns' were replaced by a three-tiered system of 'bells.' The new ranking system assesses the relative performance of a syndicate. One bell means 'no better than market-level performance,' two bells represent 'better than market-level performance' and three bells correspond to 'significantly better than market-level performance.'
System will assess relative performance
LONDON - Standard & Poor's Corp. is revamping and renaming its rank...
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