About Us
Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
About Us
Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
We have now received year end returns from all syndicates supported by our members.
Here is a consolidated version of the results and updated forecasts.
2021 Results
Syndicate |
Managing agent |
Capacity £000s |
Forecast at 30 Sep 2023 |
Result at 31 Dec 23 |
Change at midpoint |
||
Worst |
Best |
Midpoint |
|||||
33 |
Hiscox |
1,699,385 |
1.14 |
11.14 |
6.14 |
8.20 |
2.06 |
218 |
IQUW |
479,890 |
0.43 |
5.44 |
2.94 |
3.40 |
0.47 |
318 |
Cincinnati |
231,739 |
5.83 |
10.84 |
8.34 |
10.03 |
1.70 |
386 |
QBE |
332,887 |
4.66 |
9.66 |
7.16 |
16.70 |
9.54 |
510 |
TMK |
1,499,445 |
0.63 |
5.63 |
3.13 |
0.21 |
(2.92) |
557 |
TMK |
41,263 |
(4.74) |
0.26 |
(2.24) |
(0.44) |
1.80 |
609 |
Atrium |
624,854 |
5.00 |
15.00 |
10.00 |
4.02 |
(5.98) |
623 |
Beazley |
514,759 |
10.00 |
20.00 |
15.00 |
16.86 |
1.86 |
727 |
Meacock |
84,767 |
0.00 |
10.00 |
5.00 |
9.95 |
4.95 |
1176 |
Chaucer |
46,476 |
32.50 |
42.50 |
37.50 |
47.41 |
9.91 |
1200 |
Westfield |
500,000 |
(0.57) |
9.43 |
4.43 |
5.01 |
0.58 |
1729 |
Dale |
184,940 |
(4.00) |
6.00 |
1.00 |
0.65 |
(0.35) |
1969 |
Apollo |
295,000 |
0.00 |
5.00 |
2.50 |
4.02 |
1.52 |
1971 |
Apollo |
115,000 |
8.00 |
18.00 |
13.00 |
9.40 |
(3.60) |
2010 |
Lancashire |
324,804 |
(12.50) |
0.00 |
(6.25) |
(5.95) |
0.30 |
2121 |
Argenta |
599,950 |
0.50 |
8.00 |
4.25 |
6.00 |
1.75 |
2525 |
Asta |
85,968 |
17.50 |
27.50 |
22.50 |
28.07 |
5.57 |
2689 |
Asta |
70,737 |
(22.00) |
(16.00) |
(19.00) |
(21.96) |
(2.96) |
2791 |
MAP |
400,386 |
2.50 |
7.50 |
5.00 |
9.90 |
4.90 |
4242 |
Asta |
225,000 |
(1.95) |
8.05 |
3.05 |
4.79 |
1.74 |
4444 |
Canopius |
1,699,980 |
1.77 |
6.68 |
4.23 |
4.01 |
(0.22) |
5623 |
Beazley |
144,180 |
0.00 |
10.00 |
5.00 |
14.03 |
9.03 |
5886 |
Blenheim |
324,900 |
(4.00) |
2.00 |
(1.00) |
(2.48) |
(1.48) |
6103 |
MAP |
64,961 |
(8.00) |
(3.00) |
(5.50) |
(3.70) |
1.80 |
6104 |
Hiscox |
23,272 |
(5.87) |
9.13 |
1.63 |
4.10 |
2.47 |
6107 |
Beazley |
70,489 |
10.00 |
30.00 |
20.00 |
30.98 |
10.98 |
6117 |
Ariel Re |
74,631 |
(6.03) |
3.97 |
(1.03) |
(1.37) |
(0.34) |
6133 |
Apollo |
65,020 |
2.00 |
7.00 |
4.50 |
6.55 |
2.05 |
Notes |
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|
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The 2021 account of Syndicate 609 remains open as at 31 December 2023. The managing agent has maintained a forecast profit in the 5% to 15% of capacity for the syndicate at closure. |
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2022 Updated forecasts
Syndicate |
Managing agent |
Capacity |
Estimates at 30 Sept 2023 |
Estimates at 31 Dec 2023 |
Change at |
||||
Worst |
Best |
Midpoint |
Worst |
Best |
Midpoint |
||||
33 |
Hiscox |
1,699,337 |
4.42 |
14.42 |
9.42 |
4.80 |
14.80 |
9.80 |
0.38 |
218 |
IQUW |
479,737 |
(5.71) |
4.29 |
(0.71) |
(5.80) |
4.20 |
(0.80) |
(0.09) |
318 |
Cincinnati |
231,735 |
8.31 |
13.31 |
10.81 |
9.70 |
14.70 |
12.20 |
1.39 |
386 |
QBE |
366,153 |
9.20 |
14.20 |
11.70 |
13.00 |
20.50 |
16.75 |
5.05 |
510 |
TMK |
1,499,100 |
4.29 |
9.29 |
6.79 |
6.41 |
11.41 |
8.91 |
2.12 |
557 |
TMK |
41,280 |
(34.54) |
(29.54) |
(32.04) |
(32.20) |
(27.20) |
(29.70) |
2.34 |
609 |
Atrium |
650,861 |
7.50 |
17.50 |
12.50 |
7.50 |
17.50 |
12.50 |
0.00 |
623 |
Beazley |
587,159 |
2.50 |
22.50 |
12.50 |
2.50 |
22.50 |
12.50 |
0.00 |
727 |
Meacock |
88,888 |
(7.00) |
13.00 |
3.00 |
0.00 |
15.00 |
7.50 |
4.50 |
1176 |
Chaucer |
46,500 |
10.00 |
30.00 |
20.00 |
15.00 |
35.00 |
25.00 |
5.00 |
1200 |
Westfield |
500,000 |
3.31 |
13.31 |
8.31 |
3.02 |
13.02 |
8.02 |
(0.29) |
1729 |
Dale |
209,888 |
(3.00) |
12.00 |
4.50 |
(2.50) |
7.50 |
2.50 |
(2.00) |
1969 |
Apollo |
450,000 |
7.50 |
17.50 |
12.50 |
5.50 |
15.50 |
10.50 |
(2.00) |
1971 |
Apollo |
200,000 |
8.00 |
18.00 |
13.00 |
8.00 |
18.00 |
13.00 |
0.00 |
2010 |
Lancashire |
344,763 |
(7.50) |
2.50 |
(2.50) |
(4.00) |
3.00 |
(0.50) |
2.00 |
2121 |
Argenta |
660,000 |
3.50 |
11.00 |
7.25 |
4.50 |
12.00 |
8.25 |
1.00 |
2525 |
Asta |
92,100 |
5.00 |
20.00 |
12.50 |
5.00 |
20.00 |
12.50 |
0.00 |
2689 |
Asta |
71,496 |
0.14 |
10.14 |
5.14 |
0.00 |
10.00 |
5.00 |
(0.14) |
2791 |
MAP |
400,265 |
6.00 |
11.00 |
8.50 |
7.00 |
12.00 |
9.50 |
1.00 |
4242 |
Asta |
225,000 |
5.23 |
15.23 |
10.23 |
3.19 |
13.19 |
8.19 |
(2.04) |
4444 |
Canopius |
1,700,000 |
4.63 |
9.63 |
7.13 |
4.60 |
9.60 |
7.10 |
(0.03) |
5623 |
Beazley |
204,408 |
(1.00) |
9.00 |
4.00 |
2.00 |
12.00 |
7.00 |
3.00 |
5886 |
Blenheim |
359,752 |
5.00 |
12.50 |
8.75 |
5.00 |
12.50 |
8.75 |
0.00 |
6103 |
MAP |
65,785 |
(10.00) |
(2.50) |
(6.25) |
(10.00) |
(2.50) |
(6.25) |
0.00 |
6104 |
Hiscox |
12,676 |
9.94 |
19.94 |
14.94 |
11.30 |
21.30 |
16.30 |
1.36 |
6107 |
Beazley |
67,424 |
10.00 |
30.00 |
20.00 |
10.00 |
30.00 |
20.00 |
0.00 |
6117 |
Ariel Re |
62,695 |
12.52 |
22.52 |
17.52 |
12.11 |
22.11 |
17.11 |
(0.41) |
Notes
All results and forecasts are expressed as a percentage of allocated capacity and are after all standard personal expenses but before Members' Agents' fees and charges.