The end is not nigh for Lloyd's Names according to the Association of Lloyd's Members.
Many commentators and market professionals had assumed that names would not support the Lloyd's of London insurance market for much longer.
ALM cited the number of Names converting from investing on an unlimited liability basis to limited liability vehicles as an indication Names will persist.
The number of Names investing in Lloyd's on an unlimited liability basis will have sunk from a peak of 34,000 in 1992 to 3,300 next year.
ALM's Robert Miller, said: “Limited liability names are expected to provide £1.21bn of capacity next year, an increase of 55 per cent on this year.
“his strongly suggests large numbers of Names are planning to remain underwriting at Lloyd's for the long term, even when trading conditions are bad.”