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Friday 24 November, 2017

Lloyds Of London

Syndicates' 2015 Year of account &2016 projections

RNS Number : 4672X
Lloyds Of London
24 November 2017
 

24 November 2017 (updated following Q3 2017 syndicate resubmissions to Lloyd's)

 

Lloyd's syndicates' 2015 Year of account and

2016 year of account projections

 

The 2015 and 2016 forecasts below at syndicate level are all stated before the deduction of members' agent fees, as in previous releases.  For the 2015 and 2016 years of account the total members' agents fees for the market were £24m and £26m respectively.  The forecasts of wholly aligned syndicates are aggregated together at the end of the table.

 



Syndicate Capacity 2015
Year of Account
(£000s)

Syndicate Capacity 2016
Year of Account
(£000s)

 Result
2015 YOA
(% on capacity)
(Worst Case)


  Result 2015YOA
(% on capacity)
(Best Case)


Estimated Result
2016 YOA
(% on capacity)
(Worst Case)


Estimated Result 2016 YOA
(% on capacity)
(Best Case)

0033

Hiscox Syndicates Limited

999,359

998,840

5.00

15.00

(7.50)

2.50

0218

ERS Syndicate Management Limited

349,828

359,462

(9.85)

0.15

(10.92)

(0.92)

0308

Tokio Marine Kiln Syndicates Limited

32,000

31,879

(11.87)

(6.87)

(14.45)

(9.45)

0318

Beaufort Underwriting Agency Limited

234,850

235,044

8.07

13.07

(17.46)

(12.46)

0386

QBE Underwriting Limited

352,110

352,164

5.00

10.00

0.33

5.34

0510

Tokio Marine Kiln Syndicates Limited

1,062,852

1,061,786

7.70

12.70

(3.31)

1.69

0557

Tokio Marine Kiln Syndicates Limited

34,867

34,710

26.30

31.30

10.02

15.02

0609

Atrium Underwriters Limited

420,061

418,764

7.50

12.50

0.00

10.00

0623

Beazley Furlonge Limited

230,252

257,277

10.00

20.00

0.00

10.00

0727

S.A. Meacock & Company Limited

80,696

80,569

5.00

10.00

(9.00)

11.00

0779

AmTrust Syndicates Limited

22,241

22,176

(9.00)

(4.00)

(30.00)

(20.00)

0958

Canopius Managing Agents Limited

184,743

0

(13.70)

(8.69)

0.00

0.00

1176

Chaucer Syndicates Limited

31,666

34,931

40.00

50.00

15.00

35.00

1200

Argo Managing Agency Limited

349,978

424,869

(1.50)

8.50

(12.30)

(2.30)

1729

Asta Managing Agency Limited

74,979

89,800

(10.00)

(0.00)

(12.50)

2.50

1884

Charles Taylor Managing Agency Limited

36,000

90,000

(45.00)

(40.00)

(20.00)

(10.00)

1910

Argo Managing Agency Limited

0

121,014

0.00

0.00

1.52

11.52

1969

Apollo Syndicate Management Limited

 

159,966

179,509

1.50

6.50

(20.00)

(5.00)

1991

R&Q Managing Agency Limited

146,178

129,740

(5.80)

4.20

(6.32)

3.68

2010

Cathedral Underwriting Limited

305,876

305,720

8.50

13.50

0.00

7.50

2014

Pembroke Managing Agency Limited

99,641

129,336

2.43

7.43

(8.25)

1.75

2121

Argenta Syndicate Management Limited

239,734

269,927

2.50

7.50

0.00

7.50

2525

Asta Managing Agency Limited

42,203

49,827

(5.00)

5.00

(14.00)

1.00

2526

AmTrust at Lloyd's Limited

64,138

60,000

(13.29)

(3.29)

(21.10)

(11.10)

2791

Managing Agency Partners Limited

399,441

399,118

6.00

11.00

0.00

5.00

4242

Asta Managing Agency Limited

90,000

95,000

20.00

25.00

0.00

10.00

4444

Canopius Managing Agents Limited

0

974,536

0.00

0.00

(5.59)

(0.59)

5820

AmTrust Syndicates Limited

130,943

131,046

(7.50)

(2.00)

(10.00)

0.00

6103

Managing Agency Partners Limited

12,466

13,905

25.00

35.00

12.50

22.50

6104

Hiscox Syndicates Limited

 

 

64,927

55,534

30.00

40.00

20.00

30.00

6105

Ark Syndicate Management Limited

59,754

0

3.33

8.33

0.00

0.00

6107

Beazley Furlonge Limited

28,602

28,622

30.00

50.00

0.00

20.00

6111

Catlin Underwriting Agencies Limited

103,742

115,591

2.07

7.07

(0.54)

4.46

6117

Argo Managing Agency Limited

38,102

51,674

11.39

21.39

(0.45)

9.55

6123

Asta Managing Agency Limited

8,000

15,000

(10.00)

(2.50)

(25.00)

(10.00)


Aggregate of non-third party syndicates

19,776,248

19,894,526

1.32

6.32

(5.74)

(0.74)

 

For further information, please contact:

 

Rebekah Clement     

Tel: +44 (0)20 7327 5514  Email:  [email protected]

 


About Lloyd's

Lloyd's is the world's specialist insurance market and occupies fifth place in terms of global reinsurance premium income, and is the largest surplus lines insurer in the US. In 2017 more than 80 syndicates are underwriting insurance at Lloyd's, covering all lines of business from more than 200 countries and territories worldwide. Lloyd's is authorised under the Financial Services and Markets Act 2000 and regulated by the Financial Conduct Authority and Prudential Regulation Authority.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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