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Syndicate Management
Investing at Lloyd's
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About Us
Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
We have received several more updated forecasts from managing agents based on data to the end of September 2023.
These are as follows:
ERS Syndicate 218 (managed by IQUW Syndicate Management Limited)
Year of account |
Capacity |
Updated Forecast |
Previous Forecast |
Change at |
2021 |
479,890 |
0.4% to 5.4% |
-1.0% to 4.0% |
1.5 points better |
2022 |
479,737 |
-5.7% to 4.3% |
-5.5% to 4.6% |
0.3 points worse |
Syndicate 318 (managed by Cincinnati Global Underwriting Agency Limited)
Year of account |
Capacity |
Updated Forecast |
Previous Forecast |
Change at |
2021 |
231,739 |
5.8% to 10.8% |
5.3% to 10.3% |
0.6 points better |
2022 |
231,735 |
8.3% to 13.3% |
7.4% to 12.4% |
0.9 points better |
Syndicate 2010 (managed by Lancashire Syndicates Limited)
Year of account |
Capacity |
Updated Forecast |
Previous Forecast |
Change at |
2021 |
324,804 |
-12.5% to 0.0% |
-12.5% to 0.0% |
unchanged |
2022 |
344,763 |
-7.5% to 2.5% |
-12.5% to 2.5% |
2.5 points better |
Syndicate forecasts are expressed as a percentage of syndicate capacity and are after all standard personal expenses, but before the deduction of members’ agents’ fees.
We expect Lloyd’s to publish the complete schedule of updated syndicate forecasts on Tuesday 21 November.