Source - LSE Regulatory
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
Year of Account
(£000s)

Syndicate Capacity 2023
Year of Account
(£000s)


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

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


Estimated Result
2023 YOA
(% on capacity)
(Worst Case)


Estimated Result 2023 YOA
(% on capacity)
(Best 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.

 

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