Lloyds Of London - Lloyd’s syndicates’ 2018 and 2019 projections

Argo International Holdings

27/05/2020 11:45

RNS Number : 0956O

Lloyds Of London

27 May 2020

 

Lloyd's syndicates' 2018 and 2019 year of account projections

 

The 2018 and 2019 forecasts below at syndicate level are all stated before the deduction of members' agent fees, as in previous releases. For the 2018 and 2019 years of account the total members' agents fees for the market were £20m and £19m respectively. The forecasts of wholly aligned syndicates are aggregated together at the end of the table.
Syndicate Capacity 2018
 Year of Account
 (£000s)
Syndicate Capacity 2019
 Year of Account
 (£000s)
Estimated Result
 2018 YOA
 (% on capacity)
 (Worst Case)
Estimated Result 2018 YOA
 (% on capacity)
 (Best Case)
Estimated Result
 2019 YOA
 (% on capacity)
 (Worst Case)
Estimated Result 2019 YOA
 (% on capacity)
 (Best Case)
33
Hiscox Syndicates Limited
1,598,258
1,399,156
(10.00)
0.00
(7.50)
0.00
218
ERS Syndicate Management Limited
479,598
479,575
(6.50)
3.50
0.00
10.00
308
Tokio Marine Kiln Syndicates Limited
0
0
0.00
0.00
0.00
0.00
318
Cincinnati Global Underwriting Agency Limited
234,140
233,553
(15.60)
(10.60)
3.42
8.42
386
QBE Underwriting Limited
316,602
316,550
(4.45)
0.55
3.63
8.63
510
Tokio Marine Kiln Syndicates Limited
1,135,651
1,133,052
(6.88)
0.62
(11.40)
(1.40)
557
Tokio Marine Kiln Syndicates Limited
34,630
32,279
(3.00)
2.00
9.89
14.89
609
Atrium Underwriters Limited
449,436
449,780
(2.50)
7.50
0.00
10.03
623
Beazley Furlonge Limited
350,915
366,237
(10.00)
10.00
(5.00)
15.00
727
S.A. Meacock & Company Limited
80,485
80,554
(7.00)
8.00
(9.00)
11.00
1176
Chaucer Syndicates Limited
46,500
46,470
15.00
35.00
10.00
30.00
1200
Argo Managing Agency Limited
450,000
450,000
(15.00)
(5.00)
(7.00)
3.00
1492
Capita Managing Agency Limited
104,000
101,000
8.84
13.84
6.93
16.93
1729
Asta Managing Agency Limited
131,808
127,684
(12.50)
2.50
(7.50)
7.50
1856
Barbican Managing Agency Limited
0
104,928
0.00
0.00
(2.23)
2.77
1884
Charles Taylor Managing Agency Limited
99,985
0
(55.01)
(35.01)
0.00
0.00
1897
Asta Managing Agency Limited
0
43,333
0.00
0.00
(30.00)
(22.50)
1910
Argo Managing Agency Limited
253,165
0
(9.62)
0.38
0.00
0.00
1947
Hamilton Managing Agency Limited
0
77,500
0.00
0.00
(4.83)
5.17
1955
Barbican Managing Agency Limited
0
0
0.00
0.00
0.00
0.00
1969
Apollo Syndicate Management Limited
224,516
249,989
(8.00)
2.00
2.50
12.50
1971
Apollo Syndicate Management Limited
0
130,000
0.00
0.00
0.00
10.00
1980
Asta Managing Agency Limited
0
93,851
0.00
0.00
(22.50)
(7.50)
1991
Coverys Managing Agency Limited
126,750
126,750
(5.62)
4.38
1.09
11.09
2010
Lancashire Syndicates Limited
305,954
305,943
(11.00)
(6.00)
(10.00)
0.00
2014
Hamilton Managing Agency Limited
149,964
137,259
(7.77)
(2.77)
(16.48)
(6.48)
2121
Argenta Syndicate Management Limited
340,000
339,845
(13.50)
(3.50)
(12.50)
2.50
2525
Asta Managing Agency Limited
64,365
69,625
0.00
10.00
0.00
15.00
2689
Asta Managing Agency Limited
98,320
69,084
(28.90)
(18.90)
(13.00)
2.00
2786
Asta Managing Agency Limited
0
120,000
0.00
0.00
(16.92)
(1.92)
2791
Managing Agency Partners Limited
399,453
399,607
(5.00)
0.00
(5.00)
5.00
2988
Brit Syndicates Limited
98,430
97,708
(30.07)
(23.04)
(21.26)
(8.19)
3268
Asta Managing Agency Limited
86,500
107,650
(15.00)
(9.00)
2.50
10.00
3330
Coverys Managing Agency Limited
3,000
0
(175.73)
(165.73)
0.00
0.00
4242
Asta Managing Agency Limited
110,000
165,000
(45.54)
(35.54)
(12.50)
5.00
4444
Canopius Managing Agents Limited
1,048,071
1,048,059
(8.53)
(1.03)
(6.67)
0.83
5623
Beazley Furlonge Limited
22,500
63,120
(3.00)
7.00
(3.00)
7.00
5886
Asta Managing Agency Limited
179,796
214,760
(10.00)
0.00
(10.00)
10.00
6103
Managing Agency Partners Limited
47,696
47,548
(7.50)
2.50
12.50
32.50
6104
Hiscox Syndicates Limited
55,847
54,971
(65.00)
(55.01)
(75.00)
(65.00)
6107
Beazley Furlonge Limited
55,089
67,617
(25.01)
5.00
(20.00)
10.00
6111
Catlin Underwriting Agencies Limited
22,186
0
(20.59)
(10.59)
0.00
0.00
6117
Argo Managing Agency Limited
96,096
95,214
(15.21)
(5.21)
(13.13)
(3.13)
6123
Asta Managing Agency Limited
20,000
35,000
(48.58)
(38.58)
(8.87)
1.13
6133
Apollo Syndicate Management Limited
35,000
50,000
(27.50)
(22.50)
(10.00)
0.00
6134
Argenta Syndicate Management Limited
0
34,521
0.00
0.00
(25.00)
(5.00)
Aggregate of non-third party syndicates
22,935,464
21,565,032
(9.45)
(4.45)
(3.75)
1.25

 

 

Enquiries to:

Rebekah Clement    

Tel: +44 (0)20 7327 5514  Email:  Rebekah.Clement@lloyds.com

 

About Lloyd's

Lloyd's is the world's leading insurance and reinsurance marketplace. Through the collective intelligence and risk-sharing expertise of the market's underwriters and brokers, Lloyd's helps to create a braver world.

 

The Lloyd's market provides the leadership and insight to anticipate and understand risk, and the knowledge to develop relevant, new and innovative forms of insurance for customers globally.

 

It offers the efficiencies of shared resources and services in a marketplace that covers and shares risks from more than 200 territories, in any industry, at any scale.

 

And it promises a trusted, enduring partnership built on the confidence that Lloyd's protects what matters most: helping people, businesses and communities to recover in times of need.

 

Lloyd's began with a few courageous entrepreneurs in a coffeeshop. Three centuries later, the Lloyd's market continues that proud tradition, sharing risk in order to protect, build resilience and inspire courage everywhere.

 

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