REG - Lloyds Of London - Syndicate Results

BeazleyAnnouncement

28/03/2024 08:15

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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  Syndicate Capacity 2022  Estimated Result  Estimated Result  Estimated Result  Estimated Result 2022 YOA

Year of Account
Year of Account
2021 YOA
2021 YOA
2022 YOA
(% on capacity)

(£000s)
(£000s)
(% on capacity)
(% on capacity)
(% on capacity)
(Best Case)

(Worst Case)
(Best Case)
(Worst Case)
 33    Hiscox Syndicates Limited                      1,699,385                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

 

 

 

 

 

 

 

 

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