11th Nov 2005 13:03
SVB Holdings PLC11 November 2005 NEWS RELEASE For immediate release SVB HOLDINGS PLC Syndicate business plans SVB Syndicates Limited, the Lloyd's managing agency owned by SVB Holdings PLC(SVB), has submitted its business forecasts to Lloyd's, and for Syndicate 1007,where there are third party Names, a summary version has been submitted tomembers' agents. Summary versions of these business forecasts for both SVBsyndicates are now available on the company's website www.svb.co.uk. These plans, which include some adjustments relating to the sale of Fusion,imply total managed capacity on SVB syndicates for 2006 of £360 million (2005:£437 million), a reduction of 18%. For further information: Matthew FoshSVB Holdings PLC 020 7903 7300 Nick MilesM:Communications 020 7153 1535 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Novae Group