Limit Underwriting Limited - LIM- Profile

Limit Plc (formerly London Insurance Market Investment Trust Plc) is a leading insurer of commercial lines of business. It operates at Lloyd's and underwrites a diverse range of insurance and reinsurance business both in the UK and internationally. Through intermediate holding companies, it also has majority holdings in two of the leading managing agencies in the Lloyd's market, Bankside Syndicates Limited and Janson Green Limited. During the year, it acquired Torch Holdings Limited. Premium income accounted for 80% of 1999 revenues; investment income, 11% and gain on realisation of investments, 9%.