REG - Lloyds Of London - Syndicate Results

HiscoxAnnouncement

20/11/2024 16:15

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RNS Number : 0197N  Lloyds Of London  20 November 2024

Lloyd's syndicates' 2022 and 2023 year of account projections

 

 The 2022 and 2023 forecasts below at syndicate level are all stated before the
 deduction of members' agent fees, as in previous releases. The forecasts of
 wholly aligned syndicates are aggregated together at the end of the table.
                                                          Syndicate Capacity 2022                                       Syndicate Capacity 2023                                       Estimated Result  Estimated Result  Estimated Result  Estimated Result 2023 YOA

Year of Account
Year of Account
2022 YOA
2022 YOA
2023 YOA
(% on capacity)

(£000s)
(£000s)
(% on capacity)
(% on capacity)
(% on capacity)
(Best Case)

(Worst Case)
(Best Case)
(Worst Case)
 33    Hiscox Syndicates Limited                                      1,699,337                                                     1,698,376                                         6.44              16.43             7.88              17.88
 218   IQUW Syndicate Management Limited                                  479,737                                                       479,525                                       -1.48             3.52              -0.11             9.89
 318   Cincinnati Global Underwriting Agency Limited                      231,735                                                       298,739                                       15.37             20.37             20.34             25.34
 386   QBE Underwriting Limited                                           366,153                                                       374,246                                       17.68             22.68             11.70             16.70
 510   Tokio Marine Kiln Syndicates Limited                           1,499,100                                                     1,653,432                                         4.42              14.42             10.89             15.89
 557   Tokio Marine Kiln Syndicates Limited                                 41,280                                                                  -                                 -22.08            -17.08            -                 -
 609   Atrium Underwriters Limited                                        650,861                                                       870,092                                       15.00             20.00             5.00              15.00
 623   Beazley Furlonge Limited                                           587,159                                                       818,558                                       7.50              17.50             -                 20.00
 727   S.A. Meacock & Company Limited                                       88,888                                                      101,175                                       7.50              15.00             -                 15.00
 1176  Chaucer Syndicates Limited                                           46,500                                                        46,500                                      30.00             40.00             17.50             37.50
 1200  Westfield Specialty Managing Agency Ltd                            500,000                                                       550,000                                        2.20              12.20            2.90              12.90
 1301  Inigo Managing Agent Limited                       -                                                                             833,812                                       -                 -                 14.22             24.22
 1322  Asta Managing Agency Limited                       -                                                                               33,700                                      -                 -                 -                 10.00
 1416  Asta Managing Agency Ltd                                             56,250                                                        65,000                                      2.54              12.54             1.67              11.67
 1492  Probitas Managing Agency Limited                                   189,500                                                       238,700                                       25.00             30.00             15.00             25.00
 1609  Asta Managing Agency Limited                                       170,000                                                       205,659                                       -2.50             7.50              -                 15.00
 1699  Asta Managing Agency Limited                                       126,000                                                       194,572                                       -7.50             7.50              -5.00             15.00
 1729  Dale Managing Agency Limited                                       209,888                                                       279,628                                       -6.00             1.50              9.50              24.50
 1856  IQUW Syndicate Management Limited                                  421,468                                                       580,696                                       1.82              11.82             24.96             34.96
 1892  Asta Managing Agency Limited                                         20,456                                                        20,715                                      36.24             46.24             17.74             27.74
 1910  Ariel Re Managing Agency Limited                                   380,850                                                       653,357                                       12.66             22.66             33.29             43.29
 1955  Arch Managing Agency Limited                                       500,000                                                       600,000                                       9.00              14.00             12.75             17.75
 1969  Apollo Syndicate Management Limited                                450,000                                                       530,000                                       1.50              6.50              8.00              18.00
 1971  Apollo Syndicate Management Limited                                200,000                                                       250,000                                       10.00             20.00             3.50              13.50
 1985  Asta Managing Agency Limited                                                   -                                                   84,293                                      -                 -                 2.74              22.74
 1988  Asta Managing Agency Limited                                       200,000                                                       275,000                                       20.96             30.96             5.81              25.81
 2010  Lancashire Syndicates Limited                                      344,763                                                       399,422                                       -                 5.00              12.50             17.50
 2019  Talbot Underwriting Ltd                                            498,200                                                       498,200                                       -13.52            -8.52             11.72             16.72
 2121  Argenta Syndicate Management Limited                               660,000                                                       799,720                                       6.00              12.00             7.50              15.00
 2525  Asta Managing Agency Limited                                         92,100                                                      114,467                                       15.00             25.00             5.00              20.00
 2689  Asta Managing Agency Limited                                         71,496                                                        52,012                                      -                 5.00              12.20             22.20
 2786  Asta Managing Agency Limited                                       200,000                                                       320,000                                       2.72              12.72             2.78              12.78
 2791  Managing Agency Partners Limited                                   400,265                                                       473,610                                       10.00             15.00             25.00             32.50
 2988  Brit Syndicates Limited                                            210,964                                                       220,974                                       10.28             15.28             13.22             18.22
 4242  Asta Managing Agency Limited                                       225,000                                                       260,000                                       3.69              13.69             1.04              11.04
 4444  Canopius Managing Agents Limited                               1,700,000                                                     1,799,968                                          4.00              9.00             10.00             20.00
 4747  Asta Managing Agency Limited                                                   -                                                 116,000                                       -                 -                 -5.00             10.00
 5623  Beazley Furlonge Limited                                           204,408                                                       339,850                                       6.00              16.00             5.00              15.00
 5886  Blenheim Underwriting Limited                                      359,752                                                       350,865                                       5.00              10.00             17.50             25.00
 6103  Managing Agency Partners Limited                                     65,785                                                        70,859                                      -7.00             -2.00             42.50             50.00
 6104  Hiscox Syndicates Limited                                            12,676                                                        19,429                                      21.84             31.84             22.46             32.46
 6107  Beazley Furlonge Limited                                             67,424                                                        43,305                                      -                 20.00             -5.00             25.00
 6117  Ariel Re Managing Agency Limited                                     62,695                                                        59,589                                      16.46             26.46             40.75             50.75
 6136  Ariel Re Managing Agency Limited                                               -                                                   67,588                                      -                 -                 43.62             53.62

       Aggregate of non-third party syndicates (2024 Q3)            25,655,398                                                    31,045,001                                          11.99%            16.99%            13.50%            18.50%

 

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