REG - Lloyds Of London - Syndicate Results

Lancashire HoldingsAnnouncement

21/05/2024 15:15

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RNS Number : 3271P  Lloyds Of London  21 May 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                             Syndicate Capacity 2023                Estimated Result  Estimated Result  Estimated Result  Estimated Result 2023 YOA

Year of Account
Year of Account
2022 YOA
2022 YOA
2023 YOA
(% on capacity)

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

(Worst Case)
(Best Case)
(Worst Case)
 33    Hiscox Syndicates Limited                      1,699,337                                           1,698,376                              4.78              14.78             7.85              17.85
 218   IQUW Syndicate Management Limited              479,737                                             479,525                                -1.47             3.53              0.05              10.05
 318   Cincinnati Global Underwriting Agency Limited  231,735                                             298,739                                11.49             16.48             18.73             23.73
 386   QBE Underwriting Limited                       366,153                                             374,246                                24.79             29.79             15.29             20.29
 510   Tokio Marine Kiln Syndicates Limited           1,499,100                                           1,653,432                              4.35              14.35             10.71             15.71
 557   Tokio Marine Kiln Syndicates Limited           41,280                                              0                                      -28.50            -23.50            0.00              0.00
 609   Atrium Underwriters Limited                    650,861                                             870,092                                12.50             17.50             5.00              15.00
 623   Beazley Furlonge Limited                       587,159                                             818,558                                2.50              22.50             -5.02             15.05
 727   S.A. Meacock & Company Limited                 88,888                                              101,175                                0.00              15.00             -5.00             15.00
 1176  Chaucer Syndicates Limited                     46,500                                              46,500                                 15.00             35.00             15.00             35.00
 1200  Westfield Specialty Managing Agency Ltd        500,000                                             550,000                                3.20              13.20             2.00              12.00
 1254  Polo Managing Agency Limited                   3,000                                               3,500                                  -217.72           -196.98           369.37            535.77
 1301  Inigo Managing Agent Limited                   0                                                   833,812                                0.00              0.00              11.98             21.98
 1322  Asta Managing Agency Limited                   0                                                   33,700                                 0.00              0.00              0.00              8.17
 1492  Probitas Managing Agency Limited               189,500                                             238,700                                17.00             27.00             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                                9.81              19.81             33.86             43.86
 1969  Apollo Syndicate Management Limited            450,000                                             530,000                                5.50              10.50             7.00              17.00
 1971  Apollo Syndicate Management Limited            200,000                                             250,000                                7.50              17.50             2.00              12.00
 1988  Asta Managing Agency Limited                   200,000                                             275,000                                19.48             29.48             6.76              26.76
 2010  Lancashire Syndicates Limited                  344,763                                             399,422                                -4.00             3.00              7.50              17.50
 2019  Talbot Underwriting Ltd                        498,200                                             498,200                                -17.24            -12.24            10.56             15.56
 2121  Argenta Syndicate Management Limited           660,000                                             799,720                                5.00              12.50             5.00              15.00
 2525  Asta Managing Agency Limited                   92,100                                              114,467                                10.00             25.00             5.00              20.00
 2689  Asta Managing Agency Limited                   71,496                                              52,012                                 0.00              10.00             7.50              17.50
 2791  Managing Agency Partners Limited               400,265                                             473,610                                8.00              13.00             20.00             27.50
 2988  Brit Syndicates Limited                        210,964                                             220,974                                8.47              13.47             14.17             19.17
 4242  Asta Managing Agency Limited                   225,000                                             260,000                                2.14              12.14             0.27              10.27
 4444  Canopius Managing Agents Limited               1,700,000                                           1,799,968                              4.00              9.00              10.00             20.00
 4747  Asta Managing Agency Limited                   0                                                   116,000                                0.00              0.00              -5.00             10.00
 5623  Beazley Furlonge Limited                       204,408                                             339,850                                2.00              12.00             -1.00             9.01
 5886  Blenheim Underwriting Limited                  359,752                                             350,865                                5.00              12.50             17.50             25.00
 6103  Managing Agency Partners Limited               65,785                                              70,859                                 -7.00             -2.00             37.50             47.50
 6104  Hiscox Syndicates Limited                      12,676                                              19,429                                 11.90             21.90             19.76             29.76
 6107  Beazley Furlonge Limited                       67,424                                              43,305                                 10.00             30.00             -5.02             25.11
 6117  Ariel Re Managing Agency Limited               62,695                                              59,589                                 13.21             23.21             41.52             51.52
 6136  Ariel Re Managing Agency Limited                                      0                                            67,588                 0.00              0.00              43.17             53.17

       Aggregate of non-third party syndicates (Q1)   26,802,571                                          32,712,205                             9.03              14.03             11.69             16.69

 

 

 

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