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Member, Beacon International Group, Ltd.
Analysts at Australia-based firm Macquarie Research have forecast a "structural revolution" for the Lloyd's of London market as increasing quantities of alternative and insurance-linked securities backed capital become the predominant underwriters of more risks, Artemis.bm reported. Macquarie forecasts the emergence of two tiers of capital and underwriting by 2025. The first will be driven by alternative sources of capacity and the second by traditional equity capital..