Press Release

London, 14th September 2018

Syndicate Research Limited assigns a B-^ (Below Average) Continuity Opinion to Lloyd’s Syndicate 1861.

Syndicate Research Limited (SRL) today assigned a B-^ (Below Average) Continuity Opinion to Lloyd’s syndicate 1861 (AmTrust Syndicates Limited). The outlook for the Continuity Opinion is stable.

Syndicate Research Limited downgrades the A-^ (Good) Continuity Opinion of Lloyd’s Syndicate 3000 to B+^ (Above Average), stable outlook.

Syndicate Research Limited (SRL) today downgraded the A-^ (Good), negative outlook, Continuity Opinion of Lloyd’s syndicate 3000 (Markel Syndicate Management Limited) to B+^ (Above Average) in light of reduced profitability in recent years. The outlook for the Continuity Opinion has been changed to stable.

Syndicate Research Limited affirms the B+^ (Above Average) Continuity Opinion of Lloyd’s Syndicate 5000; outlook changed to negative.

Syndicate Research Limited (SRL) today affirmed the B+^ (Above Average) Continuity Opinion of Lloyd’s syndicate 5000 (Travelers Syndicate Management Limited) and changed the outlook for the Continuity Opinion from stable to negative. The change in outlook is in light of recent underperformance relative to its B+ Continuity Opinion peer group.

Independent and Experienced in Lloyd’s Research

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 74% of the market’s capacity, with quantitative Scorecard Indicators assigned to syndicates representing 92% of the market’s capacity.

With a combined experience of the Lloyd’s market of over 50 years, our team produces research which is used by clients the world over.

We value our independence; we do not accept payment from the syndicates or managing agents for coverage of their businesses.