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Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
About Us
Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
Lloyd’s released the full schedule of syndicate forecasts for the 2022 and 2023 underwriting years on 20 August. We will be writing to members in the next couple of days with our analysis on these updated forecasts as well as on market conditions and prospects for 2025.
2022 forecasts
|
Managing |
Capacity |
Estimates at 31 Mar 2024 |
Estimates at 30 Jun 2024 |
Change at |
||||
Syndicate |
Worst |
Best |
Midpoint |
Worst |
Best |
Midpoint |
|||
33 |
Hiscox |
1,699,337 |
4.78 |
14.78 |
9.78 |
6.40 |
16.40 |
11.40 |
1.62 |
218 |
IQUW |
479,737 |
(1.47) |
3.53 |
1.03 |
(1.42) |
3.58 |
1.08 |
0.05 |
318 |
Cincinnati |
231,735 |
11.49 |
16.48 |
13.99 |
13.90 |
18.90 |
16.40 |
2.42 |
386 |
QBE |
366,153 |
24.79 |
29.79 |
27.29 |
21.51 |
26.51 |
24.01 |
(3.28) |
510 |
TMK |
1,499,100 |
4.35 |
14.35 |
9.35 |
3.65 |
13.65 |
8.65 |
(0.70) |
557 |
TMK |
41,280 |
(28.50) |
(23.50) |
(26.00) |
(24.27) |
(19.27) |
(21.77) |
4.23 |
609 |
Atrium |
650,861 |
12.50 |
17.50 |
15.00 |
15.00 |
20.00 |
17.50 |
2.50 |
623 |
Beazley |
587,159 |
2.50 |
22.50 |
12.50 |
7.50 |
17.50 |
12.50 |
0.00 |
727 |
Meacock |
88,888 |
0.00 |
15.00 |
7.50 |
2.50 |
15.00 |
8.75 |
1.25 |
1176 |
Chaucer |
46,500 |
15.00 |
35.00 |
25.00 |
27.50 |
37.50 |
32.50 |
7.50 |
1200 |
Westfield |
500,000 |
3.20 |
13.20 |
8.20 |
2.90 |
12.90 |
7.90 |
(0.30) |
1729 |
Dale |
209,888 |
(2.50) |
5.00 |
1.25 |
(2.50) |
5.00 |
1.25 |
0.00 |
1910 |
Ariel Re |
380,850 |
9.81 |
19.81 |
14.81 |
10.58 |
20.58 |
15.58 |
0.77 |
1969 |
Apollo |
450,000 |
5.50 |
10.50 |
8.00 |
1.50 |
6.50 |
4.00 |
(4.00) |
1971 |
Apollo iBott |
200,000 |
7.50 |
17.50 |
12.50 |
10.00 |
20.00 |
15.00 |
2.50 |
2010 |
Lancashire |
344,763 |
(4.00) |
3.00 |
(0.50) |
(4.00) |
3.00 |
(0.50) |
0.00 |
2121 |
Argenta |
660,000 |
5.00 |
12.50 |
8.75 |
6.00 |
13.50 |
9.75 |
1.00 |
2525 |
Asta (Ive) |
92,100 |
10.00 |
25.00 |
17.50 |
15.00 |
25.00 |
20.00 |
2.50 |
2689 |
Asta (HRP) |
71,496 |
0.00 |
10.00 |
5.00 |
0.00 |
10.00 |
5.00 |
0.00 |
2791 |
MAP |
400,265 |
8.00 |
13.00 |
10.50 |
8.00 |
13.00 |
10.50 |
0.00 |
4242 |
Asta (Beat) |
225,000 |
2.14 |
12.14 |
7.14 |
4.46 |
14.46 |
9.46 |
2.32 |
4444 |
Canopius |
1,700,000 |
4.00 |
9.00 |
6.50 |
4.00 |
9.00 |
6.50 |
0.00 |
5623 |
Beazley |
204,408 |
2.00 |
12.00 |
7.00 |
6.00 |
16.00 |
11.00 |
4.00 |
5886 |
Blenheim |
359,752 |
5.00 |
12.50 |
8.75 |
5.00 |
10.00 |
7.50 |
(1.25) |
6103 |
MAP |
65,785 |
(7.00) |
(2.00) |
(4.50) |
(7.00) |
(2.00) |
(4.50) |
0.00 |
6104 |
Hiscox |
12,676 |
11.90 |
21.90 |
16.90 |
19.71 |
29.71 |
24.71 |
7.81 |
6107 |
Beazley |
67,424 |
10.00 |
30.00 |
20.00 |
10.00 |
30.00 |
20.00 |
0.00 |
6117 |
Ariel Re |
62,695 |
13.21 |
23.21 |
18.21 |
14.16 |
24.16 |
19.16 |
0.95 |
Lloyd's |
|
39,898,087 |
7.53 |
13.65 |
10.59 |
9.28 |
15.19. |
12.24 |
1.64 |
2023 forecasts
|
Managing |
Capacity |
Estimates at 31 Mar 2024 |
Estimates at 30 Jun 2024 |
Change at |
||||
Syndicate |
Worst |
Best |
Midpoint |
Worst |
Best |
Midpoint |
|||
33 |
Hiscox |
1,698,651 |
7.85 |
17.85 |
12.85 |
7.85 |
17.85 |
12.85 |
0.05 |
218 |
IQUW |
479,583 |
0.05 |
10.05 |
5.05 |
0.43 |
10.43 |
5.43 |
0.38 |
318 |
Cincinnati |
298,739 |
18.73 |
23.73 |
21.23 |
19.92 |
24.91 |
22.42 |
1.19 |
386 |
QBE |
374,336 |
15.29 |
20.29 |
17.79 |
12.81 |
18.81 |
15.31 |
(2.48) |
510 |
TMK |
1,653,697 |
10.71 |
15.71 |
13.21 |
11.31 |
16.31 |
13.81 |
0.60 |
609 |
Atrium |
870,508 |
5.00 |
15.00 |
10.00 |
5.00 |
15.00 |
10.00 |
0.00 |
623 |
Beazley |
818,812 |
(5.02) |
15.05 |
5.02 |
0.00 |
20.00 |
10.00 |
4.99 |
727 |
Meacock |
101,232 |
(5.00) |
15.00 |
5.00 |
(2.50) |
15.00 |
6.25 |
1.25 |
1176 |
Chaucer |
46,500 |
15.00 |
35.00 |
25.00 |
17.50 |
37.50 |
27.50 |
2.50 |
1200 |
Westfield |
550,000 |
2.00 |
12.00 |
7.00 |
2.70 |
12.70 |
7.70 |
0.70 |
1729 |
Dale |
279,696 |
9.50 |
24.50 |
17.00 |
9.50 |
24.50 |
17.00 |
0.00 |
1910 |
Ariel Re |
653,357 |
33.86 |
43.86 |
38.86 |
33.38 |
43.38 |
38.38 |
(0.48) |
1969 |
Apollo |
530,000 |
7.00 |
17.00 |
12.00 |
8.00 |
18.00 |
13.00 |
1.00 |
1971 |
Apollo iBott |
250,000 |
2.00 |
12.00 |
7.00 |
3.50 |
13.59 |
8.50 |
1.50 |
2010 |
Lancashire |
399,560 |
7.50 |
17.50 |
12.50 |
7.50 |
17.50 |
12.50 |
0.00 |
2121 |
Argenta |
799,720 |
5.00 |
15.00 |
10.00 |
6.50 |
16.50 |
11.50 |
1.50 |
2525 |
Asta (Ive) |
114,467 |
5.00 |
20.00 |
12.50 |
5.00 |
20.00 |
12.50 |
0.00 |
2689 |
Asta (HRP) |
52,012 |
7.50 |
17.50 |
12.50 |
10.57 |
20.57 |
15.57 |
3.07 |
2791 |
MAP |
473,906 |
20.00 |
27.50 |
23.75 |
22.50 |
30.00 |
26.25 |
2.50 |
4242 |
Asta (Beat) |
260,000 |
0.27 |
10.27 |
5.27 |
1.74 |
11.74 |
6.74 |
1.47 |
4444 |
Canopius |
1,799,968 |
10.00 |
20.00 |
15.00 |
10.00 |
20.00 |
15.00 |
0.00 |
5623 |
Beazley |
339,850 |
(1.00) |
9.01 |
4.01 |
3.00 |
13.00 |
8.00 |
4.00 |
5886 |
Blenheim |
350,957 |
17.50 |
25.00 |
21.25 |
17.50 |
25.00 |
21.25 |
0.00 |
6103 |
MAP |
70,920 |
37.50 |
47.50 |
42.50 |
40.00 |
50.00 |
45.00 |
2.50 |
6104 |
Hiscox |
19,429 |
19.76 |
29.76 |
24.76 |
22.02 |
32.02 |
27.02 |
2.26 |
6107 |
Beazley |
43,305 |
(5.02) |
25.11 |
10.05 |
(5.00) |
25.00 |
10.00 |
(0.04) |
6117 |
Ariel Re |
59,589 |
41.52 |
51.52 |
46.52 |
40.92 |
50.92 |
45.92 |
(0.60) |
Lloyd's |
|
48,786,634 |
10.82 |
17.51 |
14.17 |
12.41 |
19.08 |
15.74 |
1.58 |
Syndicate forecasts are expressed as a percentage of allocated syndicate capacity and are after all standard members’ expenses but before members’ agents fees.
The next set of forecasts will be based on data to 30 September 2024 and will be available in mid-November.