Legacy specialists are actively targeting Lloyd’s growth as syndicates exit less profitable lines
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Carlyle Group-managed fund will own a 71.5% stake in legacy carrier
Underwriting business blames 'cost of capital' at Lloyd's despite improving results
Syndicate could not achieve necessary capital support to grow syndicate
Deal for varied book of business is second between the two companies
BorgWarner Morse TEC holds legacy liabilities of manufacturer BorgWarner
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