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- THE WEEK, Page 20BUSINESSEt Cetera
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- LESS THAN EUPHORIC
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- Stung by heavy losses and highly critical of management, many
- of the Names (as investors are known) who make up the Lloyd's
- insurance market had long demanded the resignation of chairman
- David Coleridge, 60. Last week Coleridge stepped down and
- nominated as his successor David Rowland, 58, chief executive
- of the Sedgwick Group, an insurance firm. Since Rowland is
- considered a close associate of the former CEO, dissident Names
- are less than euphoric.
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