REG - Lloyds Of London - Lloyd’s syndicates’ '17 result & 18 YOA projection
Lloyd's syndicates' 2017 results and 2018 year of account projections
The 2017 results and 2018 forecasts below at syndicate level are all stated before the deduction of members' agent fees, as in previous releases. For the 2017 and 2018 years of account the total members' agents fees for the market were £24m and £20m respectively. The results/forecasts of wholly aligned syndicates are aggregated together at the end of the table.
Syndicate Capacity 2017
Year of Account
(£000s)Syndicate Capacity 2018
Year of Account
(£000s)Result
2017 YOA
(% on capacity)
(Worst Case)Result 2017 YOA
(% on capacity)
(Best Case)Estimated Result
2018 YOA
(% on capacity)
(Worst Case)Estimated Result 2018 YOA
(% on capacity)
(Best Case)0033
Hiscox Syndicates Limited
1,147,315
1,598,258
(0.17)
(0.17)
(10.00)
0.00
0218
ERS Syndicate Management Limited
478,865
479,598
5.91
5.91
(6.46)
3.54
0308
Tokio Marine Kiln Syndicates Limited
30,887
0.00
(49.69)
(49.69)
0.00
0.00
0318
Cincinnati Global Underwriting Agency Limited
234,774
234,140
(34.92)
(34.92)
(15.82)
(10.82)
0386
QBE Underwriting Limited
316,636
316,602
8.89
8.89
(1.22)
3.78
0510
Tokio Marine Kiln Syndicates Limited
1,130,535
1,135,651
(2.27)
(2.27)
(5.51)
(0.51)
0557
Tokio Marine Kiln Syndicates Limited
34,060
34,630
(14.67)
(14.67)
(3.86)
1.14
0609
Atrium Underwriters Limited
419,238
449,436
3.06
3.06
(2.50)
7.50
0623
Beazley Furlonge Limited
304,482
350,915
(2.37)
(2.37)
(10.00)
10.00
0727
S.A. Meacock & Company Limited
80,635
80,485
4.86
4.86
(7.00)
8.00
1176
Chaucer Syndicates Limited
37,480
46,500
65.76
65.76
15.00
35.00
1200
Argo Managing Agency Limited
445,526
450,000
(21.44)
(21.44)
(11.00)
1.00
1492
Capita Managing Agency Limited
90,466
104,000
(26.38)
(26.38)
8.58
13.58
1729
Asta Managing Agency Limited
99,904
131,808
(15.51)
(15.51)
(12.50)
2.50
1884
Charles Taylor Managing Agency Limited
99,985
99,985
(50.33)
(50.33)
(55.01)
(35.01)
1910
Argo Managing Agency Limited
0.00
253,165
0.00
0.00
(9.12)
0.88
1969
Apollo Syndicate Management Limited
209,123
224,516
(26.37)
(26.37)
(8.00)
2.00
1991
Coverys Managing Agency Limited
126,750
126,750
(9.79)
(9.79)
(1.85)
8.15
2010
Lancashire Syndicates Limited
304,584
305,954
(19.97)
(19.97)
(12.50)
(7.50)
2014
Hamilton Managing Agency Limited
136,918
149,964
(15.38)
(15.38)
(13.02)
(3.02)
2121
Argenta Syndicate Management Limited
298,103
340,000
(1.25)
(1.25)
(11.00)
(3.50)
2525
Asta Managing Agency Limited
47,990
64,365
3.99
3.99
0.00
10.00
2689
Asta Managing Agency Limited
49,956
98,320
(31.05)
(31.05)
(22.92)
(12.92)
2791
Managing Agency Partners Limited
396,814
399,453
3.83
3.83
(5.00)
(0.00)
2988
Brit Syndicates Limited
54,963
98,430
(48.15)
(48.15)
(23.07)
(17.70)
3268
Asta Managing Agency Limited
0.00
86,500
0.00
0.00
(15.00)
(9.00)
3330
Coverys Managing Agency Limited
0.00
3,000
0.00
0.00
(178.42)
(168.42)
4242
Asta Managing Agency Limited
100,000
110,000
(54.49)
(54.49)
(45.11)
(35.11)
4444
Canopius Managing Agents Limited
974,847
1,048,071
(15.49)
(15.49)
(4.80)
(0.15)
5623
Beazley Furlonge Limited
0.00
22,500
0.00
0.00
(3.00)
7.00
5886
Asta Managing Agency Limited
149,904
179,796
(26.16)
(26.16)
(10.00)
0.00
6103
Managing Agency Partners Limited
15,705
47,696
(6.35)
(6.35)
(7.50)
2.50
6104
Hiscox Syndicates Limited
54,490
55,847
(35.54)
(35.54)
(60.00)
(50.00)
6107
Beazley Furlonge Limited
46,585
55,089
(27.89)
(27.89)
(25.01)
5.00
6111
Catlin Underwriting Agencies Limited
23,919
22,186
(26.03)
(26.03)
(13.67)
(3.66)
6117
Argo Managing Agency Limited
106,818
96,096
(18.94)
(18.94)
(14.56)
(4.56)
6123
Asta Managing Agency Limited
15,000
20,000
(60.25)
(60.25)
(46.01)
(36.01)
6133
Apollo Syndicate Management Limited
0.00
35,000
0.00
0.00
(27.50)
(17.50)
Aggregate of non-third party syndicates
22,232,587
22,935,464
(7.64)
(7.64)
(8.48)
(3.48)
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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