REG - Lloyds Of London - Syndicate Results
20/08/2024 14:45
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RNS Number : 1383B Lloyds Of London 20 August 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 6.40 16.40 7.85 17.85
218 IQUW Syndicate Management Limited 479,737 479,525 -1.42 3.58 0.43 10.43
318 Cincinnati Global Underwriting Agency Limited 231,735 298,739 13.90 18.90 19.92 24.91
386 QBE Underwriting Limited 366,153 374,246 21.51 26.51 12.81 17.81
510 Tokio Marine Kiln Syndicates Limited 1,499,100 1,653,432 3.65 13.65 11.31 16.31
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 2.50 15.00 -2.50 15.00
1176 Chaucer Syndicates Limited 46,500 46,500 27.50 37.50 17.50 37.50
1200 Westfield Specialty Managing Agency Ltd 500,000 550,000 2.90 12.90 2.70 12.70
1301 Inigo Managing Agent Limited - 833,812 - - 14.03 24.03
1322 Asta Managing Agency Limited - 33,700 - - - 8.20
1492 Probitas Managing Agency Limited 189,500 238,700 20.00 30.00 13.00 23.00
1609 Asta Managing Agency Limited 170,000 205,659 -2.50 7.50 0.00 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 -2.50 5.00 9.50 24.50
1910 Ariel Re Managing Agency Limited 380,850 653,357 10.58 20.58 33.38 43.38
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
1988 Asta Managing Agency Limited 200,000 275,000 20.31 30.31 7.46 27.46
2010 Lancashire Syndicates Limited 344,763 399,422 -4.00 3.00 7.50 17.50
2019 Talbot Underwriting Ltd 498,200 498,200 -16.95 -11.95 12.45 17.45
2121 Argenta Syndicate Management Limited 660,000 799,720 6.00 13.50 6.50 16.50
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 - 10.00 10.57 20.57
2791 Managing Agency Partners Limited 400,265 473,610 8.00 13.00 22.50 30.00
2988 Brit Syndicates Limited 210,964 220,974 8.59 13.59 13.39 18.39
4242 Asta Managing Agency Limited 225,000 260,000 4.46 14.46 1.74 11.74
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 3.00 13.00
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 40.00 50.00
6104 Hiscox Syndicates Limited 12,676 19,429 19.71 29.71 22.02 32.02
6107 Beazley Furlonge Limited 67,424 43,305 10.00 30.00 -5.00 25.00
6117 Ariel Re Managing Agency Limited 62,695 59,589 14.16 24.16 40.92 50.92
6136 Ariel Re Managing Agency Limited - 67,588 - - 42.89 52.89
Aggregate of non-third party syndicates (2024 Q2) 26,846,851 32,715,705 11.21% 16.21% 13.69% 18.69%
Enquiries to:
Lloyd's Press Office
Tel: +44 (0)20 7327 5111 Email: Pressoffice@lloyds.com
About Lloyd's
Lloyd's is the world's leading marketplace for commercial, corporate and
specialty risk solutions. Through the collective intelligence and expertise of
the market's underwriters and brokers, we're sharing risk to create a braver
world.
The Lloyd's market offers the resources, capability, and insight to develop
new and innovative products for customers in any industry, on any scale, in
more than 200 territories.
We're made up of more than 50 leading insurance companies, over 200 registered
Lloyd's brokers and a global network of over 4,000 local coverholders. Behind
the Lloyd's market is the Corporation: an independent organisation and
regulator working to maintain the market's successful reputation and
operation.
We're working to build solutions for the most current and prevalent threats.
As Chair of the Insurance Task Force for HM King Charles III's Sustainable
Markets Initiative, Lloyd's is bringing the industry together to insure the
transition to net zero. Our research community is pooling expertise from
across the industry to provide cutting edge insight on systemic risks from
climate change to cyber security.
And through our digital-led strategy, The Future at Lloyd's
(https://www.lloyds.com/about-lloyds/future-at-lloyds) , we're making it
easier and cheaper to place, price and process cover in the Lloyd's market.
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