Press Release

LONDON, 16th July  2018 – Syndicate Research Limited (SRL) today downgraded the B-^ (Below Average), stable outlook, Continuity Opinion of Lloyd’s syndicate 780 (Advent Underwriting Limited) to C+^ (Below Average) following the announcement that Advent is working with Brit to consider which parts of the business can be transferred to Brit, as well as building plans to run off the remainder of the portfolio.  The Continuity Opinion remains under review for further possible downgrade.

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Syndicate Research Limited (SRL) provides in-depth research on all trading syndicates operating in the Lloyd’s of London insurance market.

Syndicate Continuity Opinions (SCOs) have been assigned to active syndicates representing 73% of the market’s capacity, with quantitative Scorecard Indicators assigned to syndicates representing 92% of the market’s capacity.

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