Source - LSE Regulatory
RNS Number : 6711I
Lloyds Of London
28 March 2024
 

Lloyd's syndicates' 2021 and 2022 year of account projections

 

 

The 2021 and 2022 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 2021
Year of Account
(£000s)

Syndicate Capacity 2022
Year of Account
(£000s)


Estimated Result
2021 YOA
(% on capacity)
(Worst Case)

Estimated Result
2021 YOA
(% on capacity)
(Best Case)


Estimated Result
2022 YOA
(% on capacity)
(Worst Case)


Estimated Result 2022 YOA
(% on capacity)
(Best Case)

33

Hiscox Syndicates Limited

1,699,385

1,699,337

8.02

8.02

4.77

14.77

218

IQUW Syndicate Management Limited

479,890

479,737

3.43

3.43

(5.74)

4.26

33

Hiscox Syndicates Limited

1,699,385

1,699,337

8.02

8.02

4.77

14.77

218

IQUW Syndicate Management Limited

479,890

479,737

3.43

3.43

(5.74)

4.26

318

Cincinnati Global Underwriting Agency Limited

231,739

231,735

10.03

10.03

9.70

14.70

386

QBE Underwriting Limited

332,887

366,153

16.66

16.66

15.88

20.88

510

Tokio Marine Kiln Syndicates Limited

1,499,445

1,499,100

0.00

0.00

6.41

11.41

557

Tokio Marine Kiln Syndicates Limited

41,263

41,280

(0.81)

(0.81)

(32.20)

(27.20)

609

Atrium Underwriters Limited

624,854

650,861

5.00

15.00

7.50

17.50

623

Beazley Furlonge Limited

514,759

587,159

16.86

16.86

2.50

22.50

727

S.A. Meacock & Company Limited

84,767

88,888

10.17

10.17

0.00

15.00

1176

Chaucer Syndicates Limited

46,476

46,500

47.41

47.41

15.00

35.00

1200

Westfield Specialty Managing Agency Ltd

500,000

500,000

5.01

5.01

3.02

13.02

1254

Polo Managing Agency Limited

0

3,000

0.00

0.00

(225.02)

(203.59)

1492

Probitas Managing Agency Limited

152,000

189,500

29.98

29.98

16.50

26.50

1609

Asta Managing Agency Limited

100,000

170,000

2.14

2.14

(2.00)

7.50

1699

Asta Managing Agency Limited

0

126,000

0.00

0.00

(14.00)

6.00

1729

Dale Managing Agency Limited

184,940

209,888

0.65

0.65

(2.50)

7.50

1969

Apollo Syndicate Management Limited

295,000

450,000

4.02

4.02

5.50

15.50

1971

Apollo Syndicate Management Limited

115,000

200,000

9.40

9.40

8.00

18.00

1988

Asta Managing Agency Limited

95,000

200,000

26.07

26.07

11.90

31.90

2010

Lancashire Syndicates Limited

324,804

344,763

(5.95)

(5.95)

(4.00)

3.00

2019

Talbot Underwriting Ltd

500,354

498,200

1.24

6.24

(17.62)

(12.62)

2121

Argenta Syndicate Management Limited

599,950

660,000

5.96

5.96

4.50

12.00

2288

Asta Managing Agency Limited

56,400

0

(52.56)

(52.56)

0.00

0.00

2525

Asta Managing Agency Limited

85,968

92,100

28.07

28.07

5.00

20.00

2689

Asta Managing Agency Limited

70,737

71,496

(21.96)

(21.96)

0.00

10.00

2791

Managing Agency Partners Limited

400,386

400,265

9.89

9.89

7.00

12.00

2988

Brit Syndicates Limited

173,500

210,964

0.83

0.83

8.54

13.54

3268

IQUW Syndicate Management Ltd

140,000

0

(3.91)

(3.91)

0.00

0.00

4242

Asta Managing Agency Limited

225,000

225,000

4.79

4.79

3.19

13.19

4444

Canopius Managing Agents Limited

1,699,980

1,700,000

4.01

4.01

4.60

9.60

5623

Beazley Furlonge Limited

144,180

204,408

14.03

14.03

2.00

12.00

5886

Blenheim Underwriting Limited

324,900

359,752

(2.48)

(2.48)

5.00

12.50

6103

Managing Agency Partners Limited

64,961

65,785

(3.74)

(3.74)

(10.00)

(2.50)

6104

Hiscox Syndicates Limited

23,272

12,676

3.68

3.68

11.29

21.29

6107

Beazley Furlonge Limited

70,489

67,424

30.98

30.98

10.00

30.00

6117

Ariel Re Managing Agency Limited

74,631

62,695

(1.37)

(1.37)

12.11

22.11

6133

Apollo Syndicate Management Limited

65,020

0

6.55

6.55

0.00

0.00










Aggregate of non-third party syndicates (Q4)

25,135,162

27,183,421

6.10

11.10

10.20

15.20

 

 

 

 

 

 

 

 

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, we're making it easier and cheaper to place, price and process cover in the Lloyd's market.

 

 

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