Every Lloyd’s syndicate, read against its peers.
Results diverge sharply between syndicates in the same year. Each is read against its own contemporaries, every week.
Where the market’s combined ratios sit
Each dot is one business’s latest filed combined ratio. Below 100 per cent is an underwriting profit.
What is moving
Events read across the market over the last two years, by kind.
How the Lloyd’s market works
Broker
Brings the client’s risk to the market.
Lead underwriter
Sets the terms and takes a share.
Following syndicates
Take the remaining shares.
Members’ capital
Backs each syndicate, with the Central Fund behind all.
Results
Premium and combined ratio against the syndicate’s own record and its peers.
Structure
Managing agent and ultimate owner, read as the separate facts they are.
Events
Appointments, capacity, new syndicates and transactions, as they happen.
What is a Lloyd’s syndicate?
A group of members, today mostly corporate capital, who accept risk together at Lloyd’s. Each has a number, a managing agent, and underwrites one year of account at a time.
What does a combined ratio tell you?
Claims and expenses as a share of earned premium. Below 100 per cent is an underwriting profit.
Does a managing agent own its syndicates?
No. It runs them. Management and ownership are separate facts.