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Atrium syndicate closes Singapore platform

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Atrium syndicate closes Singapore platform

'sLloyd's of LondonSyndicate 609 isclosing its Singapore platform.

RichardHarries, CEO of Atrium Underwriting Group, said that while the Singaporeoperation has been profitable, the syndicate no longer expects the business togrow into the size that was previously envisaged.

Atriumwill continue to manage its business in Asia through its London office. Thedecision to close the Singapore platform is not expected to impact existingpolicies.