The Association of Lloyd's Members has forecast that individual Names could make profits of 20% of capacity for both the 2002 and 2003 years of account.
In its Lloyd's Results Summary, ALM said the names could make profits significantly greater than the Lloyd's average.
Given that Names are required to provide capital backing of only 40% of capacity, ALM said the total return on capital for Names for 2002 and 2003 combined could be 100%.
The ALM forecasts are significantly higher than those for managing agents, which were published on 7 April.
It said the forecast was based on an analysis of the development of claims advices relative to premium income and the fact that Names have consistently achieved returns above the Lloyd's average.
ALM chairman Michael Deeny, said: “It is easy to forget just how much money Lloyd's can make when it is firing on all cylinders, and that Names do better than Lloyd's corporates.
“The 2002 and 2003 years of account are likely to be very good for private capital at Lloyd's.”
Names lost significantly less than the market average in 2001. Moody's has calculated that Names lost 14.5% of capacity in 2001 compared with the Lloyd's average of 18.6%. In contrast, US and Bermuda-based corporates lost 26.8% of capacity.
For the 2002 account, using the cautious forecasts of managing agents, Moody's has calculated that Names should continue to significantly outperform the Lloyd's average.
Names are predicted to make profits of 15.2% of capacity compared the Lloyd's average of 12.9%.
