2021 Syndicate Results
Syndicate annual results1 ranged from a profit of 71% NPE (Net Premium Earned) to a loss of 107% NPE for those syndicates trading in 2021, excluding RITC syndicates.
The overall market weighted average profit1 for syndicates trading in 2021 (excluding RITC syndicates) was 7.0% of NPE.
The weighted average overall results1 by quartile were:
Top quartile +20.5% NPE
Second quartile +8.8% NPE
Third quartile +0.3% NPE
Fourth quartile -14.7% NPE
The overall loss1 for the bottom quartile of syndicates, representing 11% of total NPE, represented 24% of the overall market profit for those syndicates trading in 2021.
1 Excluding capital-related returns (primarily investment returns on Funds at Lloyd’s deposited at the syndicate level); a limited number of syndicates hold capital at the syndicate level and these returns have been excluded to achieve comparability between syndicates.
Independent and Experienced in Lloyd’s Syndicate Research
Syndicate Research Limited (SRL) provides in-depth research, analysis and commentary on all trading syndicates operating in the Lloyd’s of London insurance market.
Syndicate Continuity Opinions (SCOs) – taking into account cross-cycle Returns on Capital and Group support – have been assigned to active syndicates representing some 71% of the market’s capacity, with quantitative Scorecard Indicators assigned to syndicates representing c.93% 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.
Date | Document Type | Title | |
---|---|---|---|
05 Jul 2022 | Syndicate Profile | Syndicate 5183 | |
05 Jul 2022 | Syndicate Profile | Syndicate 3000 | |
05 Jul 2022 | Syndicate Profile | Syndicate 2786 | |
05 Jul 2022 | Syndicate Profile | Syndicate 2987 | |
04 Jul 2022 | Syndicate Profile | Syndicate 1686 | |
04 Jul 2022 | Syndicate Profile | Syndicate 3624 | |
04 Jul 2022 | Syndicate Profile | Syndicate 1840 | |
04 Jul 2022 | Syndicate Profile | Syndicate 0457 | |
01 Jul 2022 | Syndicate Profile | Syndicate 1609 | |
30 Jun 2022 | Syndicate Profile | Syndicate 3902 | |
30 Jun 2022 | Syndicate Profile | Syndicate 0435 | |
30 Jun 2022 | Syndicate Profile | Syndicate 5886 | |
30 Jun 2022 | Syndicate Profile | Syndicate 2689 | |
30 Jun 2022 | Syndicate Profile | Syndicate 1856 | |
30 Jun 2022 | Syndicate Profile | Syndicate 6103 | |
30 Jun 2022 | Syndicate Profile | Syndicate 2791 | |
28 Jun 2022 | Syndicate Profile | Syndicate 1947 | |
22 Jun 2022 | Syndicate Profile | Syndicate 2001 | |
16 Jun 2022 | Data / Peer Analysis | Syndicate Peer Analysis | |
16 Jun 2022 | Data / Peer Analysis | Lloyd's Syndicate Peer Data | |
16 Jun 2022 | Syndicate Profile | Syndicate 1221 | |
16 Jun 2022 | Syndicate Profile | Syndicate 5000 | |
16 Jun 2022 | Syndicate Profile | Syndicate 4472 | |
16 Jun 2022 | Syndicate Profile | Syndicate 2003 | |
15 Jun 2022 | Syndicate Profile | Syndicate 4711 | |
14 Jun 2022 | Syndicate Profile | Syndicate 2988 | |
14 Jun 2022 | Syndicate Profile | Syndicate 0318 | |
13 Jun 2022 | Syndicate Profile | Syndicate 1945 | |
10 Jun 2022 | Syndicate Profile | Syndicate 2015 | |
10 Jun 2022 | Syndicate Profile | Syndicate 0557 | |
09 Jun 2022 | Syndicate Profile | Syndicate 1945 | |
01 Jun 2022 | Continuity Opinion Methodology | Syndicate Continuity Opinions Methodology | |
20 May 2022 | Syndicate Profile | Syndicate 3456 | |
18 May 2022 | Lloyd's Market Information | Managing Agent Forecasts | |
12 Feb 2022 | Lloyd's Market Information | Indicative Syndicate Capacities | |
13 May 2022 | Lloyd's Market Report | Lloyd's FY Results 2021 | |
09 May 2022 | Lloyd's Market Report | Lloyd’s Monitor May 2022 | |
06 May 2022 | Syndicate Profile | Syndicate 1200 | |
26 Apr 2022 | Lloyd's Market Information | Underwriting Results by Syndicate | |
14 Apr 2022 | Continuity Opinion Action | Syndicate 0557 B+ (Above Average) Continuity Opinion Placed Under Review for Possible Downgrade | |
14 Apr 2022 | Continuity Opinion Action | Syndicate 1200 C+ (Below Average) Continuity Opinion Confirmed, Stable Outlook | |
06 Apr 2022 | Lloyd's Market Information | Lloyd's Global Results | |
06 Apr 2022 | Lloyd's Market Information | Lloyd's Market Statistics | |
06 Apr 2022 | Lloyd's Market Information | Syndicate Annual Results | |
28 Mar 2022 | Syndicate Profile | Syndicate 1699 | |
18 Mar 2022 | Syndicate Profile | Syndicate 2880 | |
17 Mar 2022 | Syndicate Profile | Syndicate 1609 | |
17 Mar 2022 | Syndicate Profile | Syndicate 1945 | |
10 Oct 2014 | Explanatory Notes | Profiles Explanatory Notes | |
25 Feb 2022 | Syndicate Continuity Opinions Executive Summary | Summary Continuity Opinions Research | |
25 Feb 2022 | Lloyd's Market Report | Lloyd’s Monitor February 2022 | |
25 Feb 2022 | Lloyd's Market Information | Syndicates and Sub-Syndicates Trading at Lloyd's | |
25 Feb 2022 | Managing Agency Profile | Managing Agents Trading at Lloyd’s 2022 | |
25 Feb 2022 | Syndicate Profile | Syndicate 0218 | |
25 Feb 2022 | Syndicate Profile | Syndicate 2689 | |
22 Feb 2022 | Syndicate Profile | Syndicate 2001 | |
22 Feb 2022 | Syndicate Profile | Syndicate 0557 | |
22 Feb 2022 | Syndicate Profile | Syndicate 1880 | |
22 Feb 2022 | Syndicate Profile | Syndicate 0510 | |
21 Feb 2022 | Syndicate Profile | Syndicate 0318 | |
21 Feb 2022 | Syndicate Profile | Syndicate 0382 | |
21 Feb 2022 | Syndicate Profile | Syndicate 1492 | |
21 Feb 2022 | Syndicate Profile | Syndicate 1686 | |
21 Feb 2022 | Syndicate Profile | Syndicate 2488 | |
21 Feb 2022 | Syndicate Profile | Syndicate 3000 | |
21 Feb 2022 | Syndicate Profile | Syndicate 4444 | |
21 Feb 2022 | Syndicate Profile | Syndicate 4711 | |
21 Feb 2022 | Syndicate Profile | Syndicate 5886 | |
19 Feb 2022 | Syndicate Profile | Syndicate 1218 | |
19 Feb 2022 | Syndicate Profile | Syndicate 1301 | |
19 Feb 2022 | Syndicate Profile | Syndicate 1856 | |
19 Feb 2022 | Syndicate Profile | Syndicate 1414 | |
19 Feb 2022 | Syndicate Profile | Syndicate 1796 | |
19 Feb 2022 | Syndicate Profile | Syndicate 1910 | |
19 Feb 2022 | Syndicate Profile | Syndicate 6117 | |
19 Feb 2022 | Syndicate Profile | Syndicate 1919 | |
19 Feb 2022 | Syndicate Profile | Syndicate 2357 | |
19 Feb 2022 | Syndicate Profile | Syndicate 2358 | |
19 Feb 2022 | Syndicate Profile | Syndicate 4141 | |
19 Feb 2022 | Syndicate Profile | Syndicate 0435 | |
19 Feb 2022 | Syndicate Profile | Syndicate 1221 | |
19 Feb 2022 | Syndicate Profile | Syndicate 1945 | |
19 Feb 2022 | Syndicate Profile | Syndicate 4472 | |
18 Feb 2022 | Syndicate Profile | Syndicate 4000 | |
18 Feb 2022 | Syndicate Profile | Syndicate 1947 | |
18 Feb 2022 | Syndicate Profile | Syndicate 2015 | |
18 Feb 2022 | Syndicate Profile | Syndicate 1458 | |
18 Feb 2022 | Syndicate Profile | Syndicate 6134 | |
18 Feb 2022 | Syndicate Profile | Syndicate 2121 | |
18 Feb 2022 | Syndicate Profile | Syndicate 3010 | |
18 Feb 2022 | Syndicate Profile | Syndicate 2010 | |
18 Feb 2022 | Syndicate Profile | Syndicate 0609 | |
18 Feb 2022 | Syndicate Profile | Syndicate 2791 | |
18 Feb 2022 | Syndicate Profile | Syndicate 6103 | |
16 Feb 2022 | Syndicate Profile | Syndicate 6107 | |
16 Feb 2022 | Syndicate Profile | Syndicate 5623 | |
16 Feb 2022 | Syndicate Profile | Syndicate 4321 | |
16 Feb 2022 | Syndicate Profile | Syndicate 3623 | |
16 Feb 2022 | Syndicate Profile | Syndicate 2623 |