Lloyd's managing agency RJ Kiln has raised its capacity by 40% to £500m for the 2002 year of account.
The company said: "The achievement of £500m of capacity under management marks an important strategic milestone for Kiln and has been achieved two years ahead of schedule."
Kiln also confirmed that its expected loss from the 11 September terrorist attacks on the US was equivalent to 16p per share. The company, which is listed on the London Stock Exchange, first estimated the loss on 19 September.
Kiln shares closed unchanged at 56.5p yesterday, 29 November 2001.
