Fitch affirms Lloyd's

Fitch Ratings said it affirmed Lloyd's of London's insurer financial strength rating at A+.

Fitch said it has also affirmed the Society of Lloyd's long-term issuer default rating at A and affirmed Lloyd's Reinsurance Co. (China) Ltd.'s insurer financial strength rating at A+.

All have stable outlooks.

Fitch said it has additionally affirmed Lloyd's subordinated debt issues at BBB+.

According to the agency, the rating affirmation reflects Lloyd's strong operating performance during 2009, with reported results ahead of Fitch's expectations.

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