Our Partner

Aside from quick and painless claim settlements, financial strength and reliability play an important role in our relationship with each of our insurers.

Lloyd’s of London

All Lloyd’s syndicates benefit from Lloyd’s Central resources, including the Lloyd’s brand, its network of global licenses and the Central Fund.

Syndicate Ratings and Rankings

In addition to the market ratings, the rating agencies also apply a range of other measures at a syndicate level.

In general, Lloyd’s is not supportive of the rating of individual syndicates. All syndicates benefit equally from the strength of the Lloyd’s brand, the global license network and a wide range of other central activities carried out on behalf of the market. All policies written at Lloyd’s are backed by security that is partially mutualized via the Central Fund.

Financial Highlights and security and ratings - Lloyd’s Ratings

Lloyd’s is the world’s leading specialist insurance market, conducting business in over 200 countries and territories worldwide through 87 syndicates. In 2023, reported gross written premiums were £ 30.6 billion Pound.

Overview of results

Lloyd’s achieved for the year 2023 a profit before tax of £5.900 bn and a combined ratio of 84.0%.

Lloyd’s Ratings Overview

The Lloyd’s market is independently rated on a voluntary basis by A.M. Best, Standard & Poor’s and Fitch. These ratings apply to all policies underwritten by all syndicates trading at Lloyd’s. The Market ratings have either increased or remained unchanged despite the wider industry downgrades.

The current insurer Financial Strength Ratings of the Lloyd’s market are as follows: