Managing Agencies

Abacus Syndicates
6th Floor
37-39 Lime Street
London
EC3M 7AY
Tel: 020 7398 2525
Fax: 020 7626 3737

Syndicate: 2525
Underwriter: JM Murphy
Capacity (2002): £45m
Classes of business:
Energy 1%
Non-marine general liability 98%
Top capital provider (2001): CBS Private Capital

Agency background: Abacus Syndicates is the managing agent for Syndicate 2525. The agency set up Abacus Underwriting Agencies, a service company for the syndicate, which has offices in Birmingham and Glasgow.
Service company:

Abacus Underwriting Agencies
ACE Underwriting Agencies
Crosby Court
38 Bishopsgate
London EC2N 4DL
Tel: 020 7655 2000
Fax: 020 7655 2120
Email: info@acelondon.co.uk
Website: www.acelimited.com

Syndicate: 2488
Underwriter: AJ Kendrick
Capacity (2002): £900m
Classes of business:
Accident & health 5%
Aviation legal liability 13%
Aviation physical loss/damage 11%
Energy 11%
Goods in transit 2%
Motor 1%
Non-marine property loss or damage 21%
Non-marine general liability 17%
Pecuniary loss 6%
Ships and other marine liability 1%
Ships physical loss or damage 4%
Whole account XL 7%
Top capital provider (2001): ACE Capital

Agency background: ACE Group is headquartered in Bermuda with operations in 50 countries and total assets of almost $35bn (£24.8m).
Service company: N/A

Admiral Syndicate Management
Capital Tower
Greyfriars Road
Cardiff
CF10 3AZ
Tel: 0870 243 2431
Fax: 0870 013 2171
Website: www.admiral-insurance.co.uk

Syndicate: 2004
Underwriter: D Stevens
Capacity (2002): £55m
Classes of business:
Motor100%
Top capital provider (2001): Admiral

Agency background: Admiral Syndicate Management received Lloyd's authorisation on 17 November, 2000. Motor business is introduced by Admiral Insurance Services and by motor premiums placed with Syndicate 2004. Admiral was set up in 1993 as a direct motor insurer for motorists who traditionally pay higher than average premiums.
Service company: Admiral Insurance Services

AEGIS Managing Agency
1st Floor
110 Fenchurch Street
London
EC3M 5JT
Tel: 020 7265 2100
Fax: 020 7265 2101
Email: aegis.synd1225@
aegislimited.co.uk
Website: www.aegislimited.com

Syndicate: 1225
Underwriter: P Thorpe-Apps
Capacity (2002): £140m
Classes of business:
Energy 22%
Goods in transit 3%
Motor 2%
Non-marine property loss or
damage 49%
Non-marine general liability 4%
Ships & other marine liability 12%
Ships physical loss or damage 7%
Specific inwards XL 1%
Top capital provider (2001): AEGIS

Agency background: AEGIS Energy Syndicate 1225 (AES 1225) was originally conceived to assist with the overall AEGIS (Bermuda) strategy. AEGIS (Bermuda) members are primarily related to the utility and energy industry. AEGIS (Bermuda) is the ultimate holding company of 100% of the corporate member backing AEGIS Syndicate 1225 and of the agency.

The syndicate is in its fourth year of underwriting at Lloyd's trading with a capacity for 2002 of £140m.
Service company: N/A

Amlin Underwriting
St Helen's
1 Undershaft
London
EC3A 8ND
Tel: 020 7746 1000
Fax: 020 7746 1696
Email: info@amlin.co.uk
Website www.amlin.com

Syndicate: 2001
Underwriter: A W Holt
Capacity (2002): £800m
Classes of business:
Accident & health 2%
Aviation legal liability 11%
Aviation physical loss/damage 6%
Energy 1%
Goods in transit 2%
Motor 26%
Non-marine property loss or damage 14%
Non-marine general liability 8%
Pecuniary loss 2%
Ships and other marine liability 1%
Ships physical loss or damage 4%
Specific inwards XL 1%
Whole account XL 23%
Top capital provider (2001): Amlin Underwriting

Agency background: Amlin was created in 1998 from the merger of Angerstein Underwriting Trust and the Murray Lawrence Group. Angerstein Underwriting Trust was formed in 1993 and participated on a number of third party syndicates as well as Syndicates 902 and 1141, whose managing agencies it acquired in 1997. The Murray Lawrence Group managed Syndicate 2001, which comprised four franchises, Harvey Bowring, Coles, Summit and MLP Aviation.

In 1997 the syndicate was formed from the merger of the Murray Lawrence Group's syndicates, including the former Syndicates 40 and 362. Syndicates 902 and 1141 were merged into Syndicate 2001 for the 2001 account.

All of Amlin's underwriting is conducted in Syndicate 2001.
Service companies:
Amlin Marine Services
Amlin Credit
Drysdales
Serviceline
Just Law

Ascot Underwriting
1 Whittington Avenue
London
EC3V 1LE
Tel: 0207 743 9600
Fax: 0207 743 9601
Email: enquiries @ascotuw.com
Website: www.ascotuw.com

Syndicate: 1414
Underwriter: MRD Reith
Capacity (2002): £118m
Classes of business:
Aviation physical loss/damage 21%
Energy 8%
Goods in transit 4%
Non-marine property loss or damage 20%
Pecuniary loss 10%
Whole account XL 25%
Top capital provider (2001): Ascot Corporate Name

Agency background:
On 1 November 2001, Ascot Underwriting Limited commenced underwriting as a new Lloyd's managing agency.

American International Group (AIG) agreed to back the team and now provides the underwriting capital for Ascot's Syndicate 1414.

Service company: N/A

Atrium Underwriters
Room 790
Lloyd's
1 Lime Street
London
EC3M 7DQ
Tel: 020 7327 4877
Fax: 020 7327 4878
Email: info@atrium-uw.com
Website: www.atrium-uw.com

Syndicate: 0570
Underwriter: NC Marsh
Capacity (2002): £130m
Classes of business:
Accident & health 31%
Aviation legal liability 1%
Aviation physical loss/damage 6%
Motor 7%
Non-marine property loss/damage 18%
Non-marine general liability 24%
Pecuniary loss 4%
Whole account XL 8%
Top capital provider (2001): CBS Private Capital

Syndicate: 0609
Underwriter: CE Dandridge
Capacity (2002): £131m
Classes of business:
Aviation physical loss/damage 21%
Energy 18%
Goods in transit 2%
Non-marine property loss/damage 7%
Non-marine general liability 5%
Pecuniary loss 6%
Ships & other marine liability 11%
Ships physical loss/damage 18%
Specific inwards XL 2%
Whole account XL 9%
Top capital provider (2001): CBS Private Capital

Agency background: Atrium owns Atrium Underwriters (the managing agent of Syndicates 570 and 609) following the merger in December 1998 of the Atrium Cockell Group and Lomond Underwriting .

Service company: N/A

Beazley Furlonge
One Aldgate
London
EC3N 1AA
Tel: 020 7667 0623
Fax: 020 7667 0624
Website: www.beazley.com

Syndicate: 0623
Underwriter: AF Beazley
Capacity (2002): £325m
Classes of business:
Accident & health 1%
Energy 1%
Motor 5%
Non-marine property loss/damage 32%
Non-marine general liability 33%
Pecuniary loss 7%
Ships & other marine liability 2%
Ships physical loss/damage 6%
Whole account XL 12%
Top capital provider (2001): Hampden Agencies

Agency background: Since its founding in 1986, Beazley - Syndicate 623 has focused on writing specialist risk business in selected markets. Beazley is a single syndicate managing agency with the directors and staff owning 100% of the shares.

Service company: N/A

B F Caudle Agencies
Third Floor
One America Square,
17 Crosswall
London
EC3N 2LB
Tel: 020 7623 8096
Fax: 020 7623 1331
Email: head.office@bfcaudle.com
Website: www.bfcaudle.com

Syndicate: 0002
Underwriter: P Upton
Capacity (2002): £125m
Classes of business:
Aviation physical loss/damage 3%
Energy 12%
Goods in transit 17%
Motor 3%
Non-marine property loss/damage 4%
Pecuniary loss 2%
Ships and other marine liability 1%
Ships physical loss/damage 8%
Specific inwards XL 6%
Whole account XL 43%
Top capital provider (2001): Advent Capital

Syndicate: 0780
Underwriter: L Tunnicliffe
Capacity (2002): £150m
Classes of business:
Accident & health 5%
Motor 4%
Non-marine property loss/damage 14%
Non-marine general liability 4%
Specific inwards XL 3%
Whole account XL 70%
Top capital provider (2001): Advent Capital

Agency background: BF Caudle Agencies has been operating in the Lloyd's Market since 1974, managing the underwriting affairs of non-marine Syndicate 780.

In 1998 BF Caudle Agencies was acquired by Advent Capital Holdings, which provides capacity of almost £120m for 2002 across the managed syndicates.

From 2002 BF Caudle Agencies Limited has taken on the management of Marine Syndicate 2 with a capacity of £125m.

Service company: N/A

Brit Syndicates
55 Bishopsgate
London
EC2N 3AS
Tel: 020 7984 8830
Fax: 020 7984 8701
Website: www.britsyndicates.co.uk

Syndicate: 0389
Underwriter: NJ Allen/K Rowley
Capacity (2002): £14m
Classes of business:
Long-term business 100%
Top capital provider (2001): Brit
Syndicate: 2040
Underwriter: TG Sam
Capacity (2002): £14m
Classes of business:
Motor 100%
Top capital provider (2001): Nemwil

Syndicate: 2400
Underwriter: G Higginson/
S Windich
Capacity (2002): £30m
Classes of business:
Accident & health 21%
Motor 51%
Non-marine property loss or
damage 26%
Pecuniary loss 2%
Top capital provider (2001): GE Frankona
Syndicate: 2987
Underwriter: SD Clapham
Capacity (2002): £450m

Classes of business: Composite insurance. Start-up so no 2001 data available
Agency background: Brit Syndicates (previously Wren Syndicates Management) is a wholly owned subsidiary of Brit Insurance Holdings. Brit Syndicates (BSL) manages four syndicates in 2002

Service company: Wren Insurance Services

Cathedral Underwriting
9th floor
Lloyd's
1 Lime Street
London
EC3M 7HA
Tel: 020 7327 4646
Fax: 020 7327 4618
Email: info@cathedralcapital.com
Website: www.cathedral.com

Syndicate: 2010
Underwriter: JC Hamblin
Capacity (2002): £96m
Classes of business:
Aviation legal liability 1%
Aviation physical loss/damage 10%
Motor 4%
Non-marine property loss/damage 1%
Specific inwards XL 5%
Whole account XL 80%
Top capital provider (2001): Hampden Agencies

Agency background: Syndicate 2010 is managed by Cathedral Underwriting, a wholly owned subsidiary of Cathedral Capital.

The managing agency holds a 32% take in Cathedral Capital.

Service company: N/A

Catlin Underwriting Agencies
6th Floor
3 Minster Court
Mincing Lane
London
EC3R 7DD
Tel: 020 7626 0486
Fax: 020 7623 9101
Email: info@catlin.com
Website: www.catlin.com

Syndicate: 1003
Underwriter: SJO Catlin
Capacity (2002): £75m
Classes of business:
Accident & Health 3%
Aviation legal liability 1%
Aviation physical loss/damage 4%
Energy 12%

Goods in transit 2%
Motor 4%
Non-marine property loss/damage 35%
Non-marine general liability 15%
Pecuniary loss 7%
Ships & other marine liability 3%
Ships physical loss/damage 5%
Whole account XL 11%
Top capital provider (2001): CBS Private Capital
Syndicate: 2003
Underwriter: SJO Catlin
Capacity (2002): £275m
Classes of business:
Accident & health 3%
Aviation legal liability 2%
Aviation physical loss/damage 3%
Energy 9%
Goods in transit 3%
Motor 4%
Non-marine property loss or damage 34%
Non-marine general liability 14%
Pecuniary loss 6%
Ships & other marine liability 2%
Ships physical loss or damage 4%
Whole account XL 16%
Top capital provider (2001): Catlin Westgen Group

Agency background: Catlin Underwriting Agencies (CUAL) was founded in 1984 to manage Syndicate 1003. CUAL, now a wholly owned subsidiary of Catlin Westgen Group. Western General Insurance holds 70% of CWGL, the balance is held by CUAL management and staff.

For the 1996 underwriting account Syndicate 2003 was formed. Of the 2002 combined capacity of £350m, Syndicate 2003 accounts for £275m, which is supported by lodged funds at Lloyd's of £110m subscribed entirely by the CWGL group.

Service company: Ecosse Insurance Services (EISL)

Chartwell Managing Agents
2 Minster Court
Mincing Lane
London
EC3R 7FL
Tel: 020 7369 3000
Fax: 020 7369 3100
Website: www.chartwelluk.co.uk
Syndicate: 0044
Underwriter: DE Poulten
Capacity (2002): £5m
Classes of business:
Long-term business 100%
Top capital provider (2001): Trenwick Group

Syndicate: 0839
Underwriter: J Giordano
Capacity (2002): £200m
Classes of business:
Aviation combined policies 6%
Aviation legal liability 17%
Aviation physical loss/damage 8%
Energy 2%
Goods in transit 3%
Non-marine property loss or damage 26%
Non-marine general liability 33%
Ships & other marine liability 1%
Ships physical loss or damage 2%
Top capital provider (2001): Trenwick Group

Syndicate: 2241
Underwriter: MJ Bonds
Capacity (2002): £22m
Classes of business: Ships physical loss/damage 100%
Top capital provider (2001): Dex Name

Agency background: Chartwell Managing Agents (CMA) was registered as a managing agent on 10 November 1986. Until 27 October 1999, Chartwell Re Corporation was the ultimate parent undertaking of CMA. On 27 October 1999 Trenwick Group, whose shares were listed on the New York Stock Exchange, became the ultimate parent undertaking when Chartwell merged into TGI.

On 19 December 1999, TGI and LaSalle Re Holdings of Bermuda announced they had signed a definitive agreement to merge, with the shareholders of both companies receiving shares in a new Bermuda holding company - Trenwick Group. Trenwick provides capital to the CMA managed syndicates through five corporate members.

Service company:
Chartwell Underwriting
Dex Services

Chaucer Syndicates
9 Devonshire Square
London
EC2M 4WL
Tel: 020 7397 9700
Fax: 020 7397 9710
Email: enquiries@chaucerplc.com
Website: www.chaucerplc.com

Syndicate: 0587
Underwriter: MA Towndrow
Capacity (2002): £90m
Classes of business:
Motor 100%
Top capital provider (2001):
ALIT (No. 1)

Syndicate: 1084
Underwriter: HH Hayward
Capacity (2002): £82m
Classes of business:
Aviation legal liability 8%
Aviation physical loss/damage 20%
Energy 10%
Goods in transit 6%
Non-marine property loss/damage 7%
Pecuniary loss 8%
Ships & other marine liability 5%
Ships physical loss or damage 6%
Specific inwards XL 4%
Whole account XL 26%
Top capital provider (2001): ALIT (No. 1)

Syndicate: 1096
Underwriter: BP Bartell
Capacity (2002): £112m
Classes of business:
Accident & health 3%
Motor 6%
Non-marine property loss/damage 56%
Non-marine general liability 23%
Whole account XL 12%
Top capital provider (2001): ALIT (No. 1)

Syndicate: 1301
Underwriter: PJ Gage
Capacity (2002): £35m
Classes of business:
Accident & health 17%
Motor 12%
Non-marine property loss or damage 61%
Non-marine general liability 4%
Specific inwards XL 6%
Top capital provider (2001): Sorema

Syndicate: 3210
Underwriter: A Guest
Capacity (2002): £100m
Classes of business:
Motor 6%
Non-marine property loss or damage 59%
Non-marine general liability 34%
Top capital provider (2001): Mitsui

Agency background: Chaucer manages three in-house Lloyd's syndicates, providing direct and reinsurance capacity in motor, marine, non-marine and aviation. Chaucer manages two third party Lloyd's syndicates for major groups. The group has offices in Hannover, Germany and Copenhagen, Denmark.

Service companies: Chaucer Consortium Chaucer Insurance Services

Cox Syndicate Management
34 Leadenhall Street
London
ECA 1AX
Tel: 020 7265 6711
Fax: 020 7265 6738
Email: info@cox.co.uk
Website: www.cox.co.uk

Syndicate: 0218
Underwriter: BM Watkins
Capacity (2002): £361m
Classes of business:
Accident & health 1%
Motor 93%
Non-marine property loss/damage 6%
Top capital provider (2001): Cox Dedicated

Syndicate: 1176
Underwriter: M Dawson
Capacity (2002): £3m
Classes of business:
Non-marine property loss or damage 80%
Non-marine general liability 20%
Top capital provider (2001): Hampden Agencies
Syndicate: 1208
Underwriter: M Lange
Capacity (2002): £80m
Classes of business:
Accident & health 6%
Aviation legal liability 7%
Aviation physical loss/damage 12%
Energy 5%
Non-marine property loss or damage 38%
Non-marine general liability 11%
Pecuniary loss 4%
Ships physical loss or damage 1%
Whole account XL 18%
Top capital provider (2001): Cox Dedicated

Agency background: Cox Insurance is a publicly-listed group It came to the stock market in 1995 and has 1.6 million customers, 1,900 employees and annual premium income approaching £700m. Service companies:

Cox Underwriting ServicesCox Aviation Insurance Services
Anthony Kidd Agencies

Creechurch Underwriting
First Floor
Asia House
31-33 Lime Street
London
EC3M 7HT
Tel: 020 7480 6677
Fax: 020 7283 0987
Email: mail@creechurch.co.uk

Syndicate: 0962
Underwriter: DJ Pye
Capacity (2002): £28m
Classes of business:
Non-marine property loss or damage 47%
Non-marine general liability 53%
Top capital provider (2001): Creechurch Dedicated

Syndicate: 1607
Underwriter: J Thomas
Capacity (2002): £13m
Classes of business:
Accident & health 100%
Top capital provider (2001): Creechurch Dedicated

Syndicate: 2607
Underwriter: J Thomas
Capacity (2002): £17m
Classes of business:
Accident & health 100%
Top capital provider (2001): Creechurch Dedicated

Agency background: Creechurch Underwriting is an independently owned Lloyd's Managing Agent responsible for the management of Syndicates 962, 1607 & 2607. Capacity for all three syndicates is provided by corporate members owned by the Creechurch Group.

Syndicate 962 was formed in 1975 as a liability specialist.

Accident & health Syndicate 1607 was launched in September 1998. For 2001, Creechurch also formed Syndicate 2607 to operate in parallel with Syndicate 1607.

Creechurch owns two service companies, Charrington was formed in 1991 and supplies over 90% of the business of Syndicate 962. Impact was formed in 1999 and targets UK/North European personal accident business, producing up to 33% of the total income of Syndicates 1607 and 2607.

Service companies: Charrington (962) Impact Underwriting

Danish Re Syndicates
16 Eastcheap
London
EC3M 1BD
Tel: 020 7337 8600
Fax: 020 7337 8612

Syndicate: 1400
Underwriter: M Petzold
Capacity (2002): £113m
Classes of business:
Accident & health 6%
Motor 7%
Non-marine property loss or damage 33%
Non-marine general liability 7%
Pecuniary loss 1%
Ships physical loss or damage 1%
Specific inwards XL 1%
Whole account XL 45%
Top capital provider (2001): Danish Re

Agency background: Danish Re is a global reinsurance operation headquartered in Copenhagen with operations in London, Bermuda, Singapore, Sydney, Malaysia, Tokyo & Miami. The group operates through Lloyd's as an Integrated Lloyd's Vehicle and directly from Bermuda, both focusing mainly on short tail lines of business.

Service company: N/A
Ensign Managing Agency
Room 805
Lloyd's
1 Lime Street
London
EC3M 7HA
Tel: 020 7327 4861
Fax: 020 7327 4879
Website: www.ensign-insurance.co.uk

Syndicate: 0318
Underwriter: MSF Pritchard
Capacity (2002): £106m
Classes of business:
Accident & health 1%
Aviation legal liability 13%
Aviation physical loss/damage 17%
Energy 1%
Motor 1%
Non-marine property loss or damage 59%
Non-marine general liability 5%
Pecuniary loss 3%
Whole account XL 1%
Top capital provider (2001): QBE Corporate

Syndicate: 0980
Underwriter: JD Neal
Capacity (2002): £68m
Classes of business:
Motor 100%
Top capital provider (2001): Ensign Dedicated

Agency background: Ensign commenced underwriting for the 1928 year of account. In November 2001 it completed the acquisition of the right to manage MSF Pritchard Syndicate 318.
Service company:
Ensign Plus
Euclidian Underwriting
7 Birchin Lane
London
EC3M 7BW
Tel: 020 7655 8000
Fax: 020 7655 8035
Website: www.euclidian.co.uk

Syndicate: 1243
Underwriter: JRN Collyear
Capacity (2002): £164m
Classes of business: Not supplied
Top capital provider (2001): Euclidian

Agency background: Euclidian Underwriting, which was set up for the 1998 year of account, was the first managing agency to be established by a corporate vehicle.

Syndicate 1243 commenced its first year of account with a £20m stamp, on which it produced a profit of 2.5% and placed it in the top 15% of Lloyd's syndicates. Its current underwriting capacity for the 2002 year of account is £164m.

Service company: Euclidian Direct

Faraday Underwriting
New London House
6 London Street
London
EC3R 7QL
Tel: 020 7702 3333
Fax: 020 7702 4940
Website: www. faraday.com

Syndicate: 0435
Underwriter (2002): R Tolle
Capacity: £400m
Classes of business:
Aviation legal liability 8%
Aviation physical loss/damage 3%
Motor 6%
Non-marine property loss or damage 36%
Non-marine general liability 21%
Pecuniary loss 2%
Specific inwards XL 1%
Whole account XL 22%
Top capital provider (2001): Faraday Capital

Agency background: Renamed from DP Mann in 2001, the company is part of the Faraday broker platform, which includes Faraday Reinsurance (formerly Cologne Reinsurance Company). Combined forecast premium income for Faraday in 2002 is approximately £600m gross.

Faraday Capital provides 97% of Syndicate 435's 2002 underwriting capacity. The group is ultimately controlled by Berkshire Hathaway.

DP Mann was acquired in December 1998 by General Re Corporation, one of the world's largest reinsurers, followed by the acquisition of General Re by Berkshire Hathaway. GeneralCologne Re is a holding company for global reinsurance and related risk management operations.

Service company: Faraday Insurance Services

Gerling at Lloyd's
50 Fenchurch Street
London
EC3M 3LE
Tel: 020 7696 2700
Fax: 020 7696 8552

Syndicate: 1206
Underwriter: to be announced
Capacity (2002): £55m
Main lines of business:
Accident & health 57%
Energy 4%
Goods in transit 5%
Motor 1%
Non-marine property loss/damage 20%
Non-marine general liability 5%
Pecuniary loss 1%
Whole account 8%
Top capital provider (2001): Gerling Corporate

Agency background:

Syndicate 1206 and Gerling at Lloyd's Limited are an Integrated Lloyd's Vehicle. Gerling at Lloyd's Limited is a wholly owned subsidiary of Gerling Syndicate Holdings Limited, which, in turn, is wholly owned by Gerling Konzern Allgemeine Versicherungs AG. Syndicate 1206 is entirely capitalised by Gerling Corporate Capital Limited, which is also a subsidiary of Gerling Konzern Allgemeine Versicherungs AG.

Service company: Gerling Syndicate Services

Goshawk Syndicate Management
38 St Mary Axe
London
EC3A 8EX
Tel: 020 7621 0777
Fax: 020 7929 7299
Website: www.goshawk.co.uk

Syndicate: 0102
Underwriter: PL Toomey
Capacity (2002): £154m
Classes of business:
Accident & health 9%
Aviation physical loss/damage 12%
Energy 1%
Goods in transit 4%
Miscellaneous/third party RITC 8%
Motor 1%
Non-marine property loss or damage 30%
Non-marine general liability 1%
Pecuniary loss 16%
Ships & other marine liability 4%
Ships physical loss or damage 10%
Specific inwards XL 1%
Whole account XL 3%
Top capital provider (2001): Goshawk

Agency background:

Goshawk Insurance Holdings is a specialist Lloyd's insurance and reinsurance underwriting business listed on the London Stock Exchange. Goshawk owns and manages Syndicate 102, a broadly based marine and non-marine syndicate. Syndicate 2021, a non-marine syndicate, specialising in contingency business and reinsurance to close, established by and wholly supported by Goshawk in 1997 was merged into Syndicate 102 for the 2000 year.

Service Company: Goshawk Underwriting

Greenwich Managing Agency
33 Lombard Street
London
EC3V 9HY
Tel: 020 7335 6000
Fax: 020 7335 6060
Email: central@greenwichgroup.co.uk
Website: www.greenwichgroup.co.uk

Syndicate: 0994
Underwriter: MIC Simmonds
Capacity (2002): £49m
Classes of business:
Accident & health 17%
Motor 9%
Non-marine property loss or damage 34%
Non-marine general liability 2%
Pecuniary loss 15%
Specific inwards XL 3%
Whole account XL 19%
Top capital provider (2001): Greenwich

Syndicate: 1923
Underwriter: B Shreeve
Capacity (2002): £14m
Classes of business:
Motor 100%
Top capital provider (2001): CSMA Capital

Agency background: The company was purchased by the Greenwich Group in November 1998. In November 1999, Greenwich Managing Agency took over management of Syndicates 994 and 947 (including 923, 2923, 2947) from Chartwell Managing Agents. Syndicates 994 and 947 were merged for the 2000 year.

Service company: N/A

Hardy (Underwriting Agencies)
Room 821,
Lloyd's
1 Lime Street
London
EC3M 7DQ
Tel: 020 7327 4848
fax: 020 7283 4677
Website: www.hardygroup.co.uk

Syndicate: 0382
Underwriter: AJ Walker
Capacity (2002): £54m
Classes of business:
Aviation legal liability 5%
Aviation physical loss/damage 31%
Goods in transit 17%
Non-marine property loss or damage 7%
Pecuniary loss 2%
Ships & other marine liability 1%
Ships physical loss or damage 10%

Whole account XL 26%

Top capital provider (2001): Hardy Underwriting

Agency background: Hardy (Underwriting Agencies) was formed in 1978. Syndicate 382 was formed in 1975. It is a composite syndicate, writing marine, aviation, non-marine and excess of loss risk.

The Hardy Group has acquired 80% of the capital of Syndicate 382 and the holding company, Hardy Underwriting Group, has been publicly listed on the London Stock Exchange since June 1999. The group also owns Hardy Insurance Services, which provides in-house consultancy, risk studies and claims survey work for Syndicate 382 and others in the industry.

Service company: Hardy Insurance Services

Heritage Managing Agency
Knollys House
9-13 Byward Street
London
EC3R 5AS
Tel: 020 7481 9360
Fax: 020 7481 9361
Email: post@heritage-plc.com
Website: www.heritage-plc.com

Syndicate: 1245
Underwriter: M Lawrence
Capacity (2002): £44m
Classes of business:
Accident & health 8%
Aviation physical loss/damage 1%
Motor 8%
Non-marine property loss or damage 23%
Non-marine general liability 54%
Pecuniary loss 3%
Whole account XL 4%
Top capital provider (2001): Hampden Agencies

Agency background: Heritage is a new managing agency established in October 1999 to manage the running of Syndicate 1245. Heritage is owned both by the capacity supporting it and by its management team.

Service company: Heritage Direct

Hiscox Syndicates
I Great St Helens
London
EC3A 6HX
Tel: 020 7448 6000
Fax: 020 7448 6900
Email: enquiry@hiscox.com
Website: www.hiscox.com

Syndicate: 0033
Underwriter: RS Childs
Capacity (2002): £504m
Classes of business:
Accident & health 8%
Aviation physical loss/damage 10%
Energy 6%
Goods in transit 2%
Non-marine property loss or damage 26%
Non-marine general liability 10%
Pecuniary loss 7%
Ships & other marine liability 4%
Ships physical loss or damage 5%
Specific inwards XL 1%
Whole account XL 21%
Top capital provider (2001): Hiscox

Agency background: Established in 1901, Hiscox provides insurance cover for technology risks and high net worth individuals in the UK. The company also offers professional indemnity insurance for advertising, broadcasting and film companies as well as tailored cover for fine art, commercial property and the energy, shipping and space industries.

Service company: Hiscox Underwriting

Jago Managing Agency
One America Square
Crosswall
London
EC3N 2LB
Tel: 020 7550 7205
Fax: 020 7550 7206
Email: jago@jago.co.uk

Syndicate: 0205
Underwriter: CG Jago
Capacity (2002): £81m
Classes of business:
Accident & health 7%
Aviation physical loss/damage 1%
Goods in transit 1%
Motor 7%
Non-marine property loss or damage 25%
Non-marine general liability 29%
Pecuniary loss 3%
Whole account XL 26%
Top capital provider (2001): Gulf Insurance
Service company: N/A

KGM Underwriting Agencies
KGM House
George Lane
South Woodford
London
E18 IRP
Tel: 020 8530 7351
Fax: 020 8530 7037
Email: enquiries@kgminsurance.co.uk

Syndicate: 0260
Underwriter: C Hart
Capacity (2002): £32m
Classes of business:
Motor 100%
Top capital provider (2001): CBS Private Capital

Agency background:
Established in 1957, underwriting private car, commercial vehicle and motor cycle on primarily a non-comprehensive basis. Private car schemes include lady driver, occupation and limited mileage discounts and an economy product.

The syndicate underwrites a large book of specialist motor, including collectable vehicles of all types.

Finally, small fleets of private cars and small commercials up to 20 vehicles are considered.

Service company: KGM Motor Insurance Services

Liberty Syndicate Management
5th Floor
I Minster Court
Mincing Lane
London
EC3R 7AA
Tel: 020 7895 0011
Fax: 020 7860 8573
Syndicate: 0190
Underwriter: TRC Corfield
Capacity (2002): £196m
Classes of business: Not supplied
Top capital provider (2001): Liberty

Syndicate: 0282
Underwriter: AD Elliot
Capacity (2002): £226m
Classes of business: Not supplied
Top capital provider (2001): Liberty
Agency background: Liberty Syndicate Management was established in 1994 to take over Syndicate 90 for the 1995 account. Syndicate 282 joined the Liberty group for the 1996 account.

Liberty Motor was established in 1996 and wrote its first businessin 1997. Liberty Mutual has consolidated assets of $50bn.

Service company: N/A

Limit Underwriting
88 Leadenhall Street
London
EC3A 3BP
Tel: 020 7898 6000
Fax: 020 7898 6001
Email: info@limit.co.uk
Website: www.limit.co.uk

Syndicate: 0386
Underwriter: RJ Wallace
Capacity (2002): £300m
Classes of business:
Accident & health 1%
Energy 3%
Non-marine general liability 94%
Whole account XL 1%
Top capital provider (2001): QBE Corporate

Syndicate: 0566
Underwriter: J Daly
Capacity (2002): £180m
Classes of business:
Aviation legal liability 2%
Aviation physical loss/damage 2%
Non-marine property loss or damage 1%
Specific inwards XL 3%
Whole account XL 91%
Top capital provider (2001): QBE Corporate

Syndicate: 1036
Underwriter: NC Copping
Capacity (2002): £75m
Classes of business:
Aviation physical loss/damage 4%
Energy 26%
Goods in transit 19%
Non-marine property loss or damage 10%
Pecuniary loss 2%
Ships & other marine liability 16%
Ships physical loss or damage 21%
Specific inwards XL 1%
Top capital provider (2001): QBE Corporate

Syndicate: 2999
Underwriter: J Lorberg
Capacity (2002): £275m
Classes of business:
Accident & health 1%
Energy 11%
Goods in transit 8%
Motor 2%
Non-marine property loss or damage 3%
Non-marine general liability 44%
Pecuniary loss 1%
Ships & other marine liability 15%
Ships physical loss or damage 3%
Whole account XL 14%
Top capital provider (2001): QBE Corporate

Agency background: Limit Underwriting (LUL) has an underwriting capacity of £830m for the 2002 year.
It was formed on 25 October 1999 with the merger of Bankside Syndicates and Janson Green, two wholly owned subsidiaries of Limit. During August 2000, QBE Insurance Group of Australia acquired Limit and LUL also became the managing agency for the former QBE syndicates.

Service company:

RJ Wallace Syndicates
Managing Agency Partners
110 Fenchurch Street
London
EC3M 5JT
Tel: 020 7709 3860
Fax: 020 7709 3861
Website: www.mapunderwriting.com

Syndicate: 2791
Underwriter: DES Shipley
Capacity (2002): £264m
Classes of business:
Accident & health 7%
Energy 1%
Goods in transit 2%
Motor 16%
Non-marine property loss or damage 25%
Non-marine general liability 12%
Pecuniary loss 2%
Ships physical loss or damage 3%
Specific inwards XL 1%
Whole account XL 31%
Top capital provider (2001): Hampden Agencies

Agency background: Syndicate 2791 is managed by Managing Agency Partners , a wholly owned subsidiary of MAP Holdings established in 2000. The majority (90%) shareholder in MAP Holdings is MAP Equity, a company wholly owned by the underwriting and management team.

For 2002, Syndicate 2791 has a capacity of £264m, an increase of 90% on its 2001 stamp of £139m.

Service company: N/A

Markel Syndicate Management
The Markel Building
49 Leadenhall Street
London
EC3A 2EA
Tel: 020 7953 6000
Fax: 020 7953 6821
Website: www.markelintl.com

Syndicate: 3000
Underwriter: J Cooke
Capacity (2002): £200m
Classes of business: Start-up so no data available.

Agency background: Markel International is a London-based subsidiary of Markel Corporation, which was formed when Markel Corporation acquired the Terra Nova Group in March 2000.

Markel International participates in both the London Company and Lloyd's Markets through its wholly owned subsidiaries, Terra Nova Insurance Company and Markel Syndicate Management - the managing agents for Markel Syndicate 3000 at Lloyd's. Markel Syndicate 3000 was officially launched on 1 January 2002, and combines Syndicates 702, 1009 and 1239.

Service companies: Markel (UK) Markel (London)

Marketform Managing Agency
40 Lime Street
London
EC3M 5EA
Tel: 020 7220 7942
Fax: 020 7220 7943
Email: info@marketform.com
Website: www.marketform.com

Syndicate: 2468
Underwriter: SP Lotter
Capacity (2002): £26m
Classes of business:
Energy 2%
Non-marine general liability 98%
Top capital provider (2001): Marketform Corporate

Agency background: Marketform Holdings was created in 1998 to bring together the pre-existing Marketform and the new Marketform Syndicate at Lloyd's. It offers a range of specialist liability insurance products.

Service company: Marketform

Marlborough Underwriting Agency
Birchen Court
20 Birchen Lane
London
EC3V 9DL
Tel: 020 7456 1800
Fax: 020 7456 1810

Syndicate: 1861
Underwriter: J Henderson
Capacity (2002): £110m
Classes of business:
Energy 31%
Goods in transit 13%
Non-marine property loss or damage 4%
Non-marine general liability 7%
Ships & other marine liability 18%
Ships physical loss or damage 17%
Specific inwards XL 5%
Whole account XL 5%
Top capital provider (2001): Tonicstar

Agency background:
Marlborough Underwriting was previously owned 100% by CGNU and was acquired towards the end of 2000 by the Berkshire Hathaway Group.
Service company: N/A

Munich Re Underwriting
St. Helens
1 Undershaft
London EC3A 8EE
Tel: 020 7886 3900
Fax: 020 7886 3901
Email: Central@mrunderwriting.com
Website: www.watkins-syndicate.co.uk

Syndicate: 0457
Underwriter: D Hoare/ O Crabtree
Capacity (2002): £184m
Classes of business:
Aviation physical loss/damage 13%
Energy 30%
Goods in transit 19%
Non-marine property loss or damage 7%
Pecuniary loss 1%
Ships & other marine liability 1%
Ships physical loss or damage 14%
Specific inwards XL 4%
Whole account XL 12%
Top capital provider (2001): Munich Re Capital

Agency background: Munich Re Underwriting is an associate of Munich Re, and acts solely as a managing agent at Lloyd's. Specialist non-marine Watkins Syndicate began trading in 1978. Since the 2000 account, all its capacity has been provided by Munich Re Capital, an indirect and wholly owned subsidiary of Munich Re.

Service company:
Northern Marine Underwriters
Groves, John & Westrup

Navigators Underwriting Agency
Room 974
Lloyd's
Lime Street
London EC3M 7HA
Tel: 020 7623 6600
Fax: 020 7283 8963
Website: www.1221mlm.com

Syndicate: 1221
Underwriter: C Dingley
Capacity (2002): £75m
Classes of business:
Energy 12%
Goods in transit 27%
Motor 3%
Non-marine property loss or damage 14%
Non-marine general liability 2%
Ships & other marine liability 11%
Ships physical loss or damage 10%
Specific inwards XL 6%
Whole account XL 16%
Top capital provider (2001): Millennium

Agency background: Navigators Underwriting Agency manages the Millennium Syndicate at Lloyd's. It was founded in 1978 to manage Syndicate 552 and launched Syndicate 1023 in 1986. It then merged businesses to form Syndicate 1221 in 1996. It became part of The Navigators Group of New York in 1998.

Service company: Pennine Underwriting Agency

Newline Underwriting Management
Suite 5/4
London Underwriting Centre
3 Minster Court
Mincing Lane
London
EC3R 7DD
Tel: 020 7617 4567
Fax: 020 7617 4566
Email: management@newlineuml.com

Syndicate: 1218
Underwriter: DJ Newman
Capacity (2002): £70m
Classes of business:
Aviation physical loss/damage 1%
Motor 19%
Non-marine property loss or damage 1%
Non-marine general liability 47%
Pecuniary loss 3%
Specific inwards XL 2%
Whole account XL 27%
Top capital provider (2001): Newline Corporate Name

Agency background:

The agency, previously known as TIG Syndicate Management and now ultimately owned by Fairfax, manages the affairs of corporate syndicate 1218. The holding company is a wholly owned subsidiary of Odyssey America Reinsurance, part of the Odyssey Re Group, which is wholly owned by Fairfax.

Service company: Newline Underwriting
Ockham Personal Insurance Agency
164 Bishopsgate
London
EC2M 4NY
Tel: 020 7539 3000
Fax: 020 7539 3030
Website: www.ockham.com

Syndicate: 0037
Underwriter: C Hill
Capacity (2002): £7m
Classes of business:
Motor 98%
Non-marine property loss/damage 2%
Top capital provider (2001): Hampden Agencies

Syndicate: 2037
Underwriter: C Hill
Capacity (2002): £52m
Classes of business:
Motor 98%
Non-marine property loss/damage 2%
Top capital provider (2001): Ockham

Agency background: Ockham Holdings was created in the spring of 1995 from the Sturge Group.
It comprises motor insurance business Highway, a B2B business, New Millennium Technologies NMT) and a term life insurance syndicate, Alder Life.
Ockham merged with New London Capital in December 1998.
Service companies:
Elite Underwriting Agency
Gemini Underwriting

Omega Underwriting Agents
6th Floor
Bankside House
107-112 Leadenhall Street
EC3A 4AF
Tel: 020 7327 3805
Fax: 030 7623 3811

Syndicate: 0958
Underwriter: JD Robinson
Capacity (2002): £110m
Classes of business:
Accident & health 4%
Aviation physical loss/damage 4%
Motor 12%
Non-marine property loss or damage 21%
Non-marine general liability 12%
Pecuniary loss 1%
Ships physical loss or damage 1%
Whole account XL 44%
Top capital provider (2001): CBS Private Capital

Agency background: Omega Underwriting Agents took over the management of Syndicate 958 in July 1999 from GS Christensen & Partners.

Syndicate 529 was transferred to Omega during 2000, the licence to write new and renewal business having been removed from the previous agent (Sterling Underwriting Agencies) by Lloyd's. Omega Dedicated and Omega Underwriting Agents are wholly owned by Omega Underwriting Holdings, a privately owned, independent company.

Service company: N/A

RF Bailey (Underwriting Agencies)
4th Floor
78 Leadenhall Street
London
EC3A 3DH
Tel: 020 7283 0123
Fax: 020 7283 8376

Syndicate: 0138
Underwriter: JD Gale
Capacity (2002): £72m
Classes of business:
Accident & health 9%
Motor 15%
Non-marine property loss or damage 12%
Non-marine general liability 41%
Pecuniary loss 3%
Whole account XL 19%
Top capital provider (2001): SAFECO UK

Agency background: SAFECO acquired RF Bailey (Underwriting Agencies), Lloyd's Syndicate 138 managing agent, in 1999. SAFECO, in business since 1923, is a Seattle-based Fortune 500 company.

Service company: N/A

RJ Kiln
106 Fenchurch Street
London
EC3M 5NR
Tel: 020 7886 9000
Fax: 020 7488 1848
Website: www.kiln.co.uk

Syndicate: 0308
Underwriter: SD Mathers
Capacity (2002): £4m
Classes of business:
Long term business 100%
Top capital provider (2001): Kiln

Syndicate: 0510
Underwriter: Various
Capacity (2002): £389m
Classes of business:
Accident & health 8%
Aviation legal liability 3%
Aviation physical loss/damage
5%
Energy 3%
Goods in transit 1%
Motor 20%
Non-marine property loss or damage 36%
Non-marine general liability 3%
Pecuniary loss 5%
Ships physical loss or damage 2%
Whole account XL 15%
Top capital provider (2001): Kiln

Syndicate: 0557
Underwriter: AJ Carrier
Capacity (2002): £47m
Classes of business:
Accident & health 1%
Non-marine property loss or damage 10%
Whole account XL 89%
Top capital provider (2001): Kiln

Syndicate: 0807
Underwriter: SD Mathers
Capacity (2002): £63m
Classes of business:
Accident & health 28%
Motor 5%
Non-marine property loss or damage 34%
Non-marine general liability 2%
Pecuniary loss 2%
Whole account XL 28%
Top capital provider (2001): Kiln

Syndicate: 1204
Underwriter: SJ Helson
Capacity (2002): £28m
Classes of business:
Accident & health 18%

Motor 1%
Non- marine general liability 76%
Pecuniary loss 4%
Whole account XL 1%
Top capital provider (2001): SCPIE Underwriting

Agency background: Founded in 1962, Kiln is an international insurance and reinsurance underwriting group listed on the London Stock Exchange.

Service company: N/A

SA Meacock & Co
15 St Helens Place
London
EC3A 6DE
Tel: 020 7374 6727
Fax: 020 7374 4727

Syndicate: 0727
Underwriter: MJ Meacock
Capacity (2002): £62m
Classes of business:
Accident & health 6%
Aviation physical loss/damage 2%
Motor 14%
Non-marine property loss or damage 39%
Non-marine general liability 16%
Pecuniary loss 5%
Whole account XL 18%
Top capital provider (2001): CBS Private Capital
Service company: N/A

Sackville Syndicate Management
122 Leadenhall Street
London
EC3V 4SJ
Tel: 020 7825 7200
Fax: 020 7825 7212

Syndicate: 1047
Underwriter: RG Wasey
Capacity (2002): £19m
Classes of business:
Accident & health 1%
Energy 1%
Motor 6%
Non-marine property loss or damage 1%
Non-marine general liability 87%
Pecuniary loss 3%
Top capital provider (2001): SOC Private Capital

Syndicate: 1173
Underwriter: RG Wasey
Capacity (2002): £15m
Classes of business:
Accident & health 23%
Motor 3%
Non-marine property loss or damage 24%
Non-marine general liability 45%
Pecuniary loss 3%
Whole account XL 2%
Top capital provider (2001): SOC Private Capital

Syndicate: 2121
Underwriter: J Hyland
Capacity (2002): £46m
Classes of business:
Accident & health 1%
Aviation legal liability 2%
Aviation physical loss/damage 2%
Energy 1%
Non-marine property loss or damage 6%
Ships physical loss or damage 2%
Specific inwards XL 4%
Whole account XL 81%
Top capital provider (2001): SOC Private Capital

Syndicate: 2323
Underwriter: R Chown
Capacity (2002): £15m
Classes of business:
Energy 19%
Goods in transit 6%
Motor 1%
Non-marine property loss/damage 49%
Pecuniary loss 7%
Ships & other marine liability 5%
Ships physical loss/damage 7%
Specific inwards 1%
Whole account XL 5%
Top capital provider (2001): Nissan Lloyd's
Service company: N/A

St Paul Syndicate Management
60 Gracechurch Street
London
EC3V OHR
Tel: 020 7645 4100
Fax: 020 7645 4525

Syndicate: 0227
Underwriter: W Saich
Capacity (2002): £69m
Classes of business:
Goods in transit 1%
Motor 15%
Non-marine property loss or damage 30%
Non-marine general liability 13%
Whole account XL 40%
Top capital provider (2001): St Paul

Syndicate: 0340
Underwriter: AM Shaw
Capacity (2002): £100m
Classes of business:
Aviation legal liability 24%
Aviation physical loss/damage 22%
Specific inwards XL 3%
Whole account XL 51%

Top capital provider (2001): St Paul

Syndicate: 0582
Underwriter: BJ Jackson
Capacity (2002): £135m
Classes of business:
Accident & health 70&
Goods in transit 1%
Non-marine property loss or damage 10%
Pecuniary loss 19%
Top capital provider (2001): St Paul

Syndicate: 0779
Underwriter: BJ Jackson
Capacity (2002): £18m
Classes of business:
Long term business 100%
Top capital provider (2001): Hampden Agencies

Syndicate: 1211
Underwriter: MA Gravett
Capacity (2002): £221m
Classes of business:
Energy 9%
Goods in transit 3%
Motor 9%
Non-marine property loss or damage 36%
Non-marine general liability 29%
Ships physical loss or damage 3%
Specific inwards XL 2%
Whole account XL 8%
Top capital provider (2001): St Paul

Agency background: St Paul Syndicate Management is the managing agency that comprises the Ashley Palmer and Gravett and Tilling syndicates. The syndicates write a variety of personal and commercial lines in the UK and abroad.

Service company: Cassidy Davis Insurance Services
SVB Syndicates
71 Fenchurch Street
London
EC3M 4HH
Tel: 020 7903 7300
Fax: 020 7903 7333
Email: enquiries@svb.co.uk
Website: www.svb.co.uk

Syndicate: 1007
Underwriter: M Wheeler
Capacity (2002): £151m
Classes of business:
Goods in transit 1%
Motor 2%
Non-marine property loss or damage 8%
on-marine general liability 64%
Pecuniary loss 8%
Whole account XL 18%
Top capital provider (2001): SVB Underwriting

Syndicate: 1241
Underwriter: GH Carrington
Capacity (2002): £169m
Classes of business:
Accident & health 1%
Motor 3%
Non-marine property loss or damage 20%
Non-marine general liability 56%
Pecuniary loss 2%
Whole account XL 18%
Top capital provider (2001): SVB Underwriting

Syndicate: 2147
Underwriter: A Hicks
Capacity (2002): £154m
Classes of business:
Goods in transit 100%
Top capital provider (2001): SVB Underwriting
Agency background: SVB Holdings is an Integrated Lloyd's Vehicle, a specialist insurance and reinsurance company operating within the Lloyd's insurance market.
Service company:
SVB Underwriting Services
FUSION Insurance Services
SVB Asset Protection

Talbot Underwriting
Gracechurch House
55 Gracechurch Street
London
EC3V OJP
Tel: 020 7550 3500
Fax: 020 7550 3555
Website: www.talbotuw.com

Syndicate: 1183
Underwriter: CNR Atkin
Capacity (2002): £66m
Classes of business:
Not provided
Top capital provider (2001):
N/A
Agency background: Talbot Holdings was established jointly in November 2001 by the then Alleghany Underwriting management team together with US-based investors.
Talbot Underwriting and Syndicate 1183 were launched in December 2001.

Service company:
Underwriting Risk Services

Wellington Underwriting Agencies
88 Leadenhall Street
London
EC3A 3BA
Tel: 020 7337 2000
Fax: 020 7337 2001
Website: www.wellington.co.uk

Syndicate: 2020
Underwriter: C O'Kane
Capacity (2002): £625m
Classes of business:
Accident & health 6%
Aviation legal liability 6%
Aviation physical loss/damage 2%
Energy 9%
Goods in transit 2%
Motor 3%
Non-marine property loss or damage 29%
Non-marine general liability 7%
Pecuniary loss 3%
Ships & other marine liability 4%
Ships physical loss or damage 2%
Whole account XL 29%
Top capital provider (2001): Wellington

Agency background:
Wellington Underwriting Agencies is a wholly owned subsidiary of Wellington Underwriting Holdings which in turn is a subsidiary of the listed Wellington Underwriting plc. In 1999 the previous three managed syndicates 51, 672 and 1028 were merged into 672 which was renamed 2020.

Service company:
Wellington Syndicate Services

XL London Market
4th Floor,
Fitzwilliam House
10 St Mary Axe
London
EC3A 8NL
Tel: 020 7648 1000
Fax: 020 7648 1003
Website: www.xlinsurance.co.uk

Syndicate: 0990
Underwriter: PC Matson
Capacity (2002): £80m
Classes of business:
Accident & health 7%
Energy 1%
Motor 14%
Non-marine property loss or damage 25%
Non-marine general liability 47%
Pecuniary loss 1%
Whole account XL 3%
Top capital provider (2001): XL

Syndicate: 1209
Underwriter: NJ Metcalf
Capacity (2002): £360m
Classes of business:
Accident & health 14%
Aviation legal liability 4%
Aviation physical loss/damage 9%
Energy 7%
Goods in transit 4%
Non-marine property loss or damage 23%
Non-marine general liability 10%
Pecuniary loss 15%
Ships & other marine liability 3%
Ships physical loss or damage 6%
Whole account XL 4%
Top capital provider (2001): XL

Agency background: Previously known as Brockbank. In mid-1997 Mid Ocean acquired a controlling interest in the Brockbank group.

In August 1998, Mid Ocean merged with Exel, which in February 1999 changed its name to XL Capital. Through other acquisitions XL Capital acquired Lloyd's agency Denham Syndicate Management and Denham Syndicate 990 and its service company Denham Direct Underwriters.

The group renamed in November 2001 and the Lloyd's operation is now known as XL London Market.

Service company: Denham Direct Underwriters

Zenith Syndicate Management
3rd Floor
Mapfre House
2-3 Philpot Lane
London
EC3M 8AN
Tel: 020 7929 8640
Fax: 020 7929 8650
Email: info@zenith-insurance.co.uk
Website: www.zenith-insurance.co.uk

Syndicate: 2002
Underwriter: KJ Acott
Capacity (2002): £83m
Classes of business:
Motor 100%
Top capital provider (2001): Acott & Tilley Capital

Agency background: Acott and Tilley Holdings established the new Zenith Syndicate 2002 supported 100% by capital supplied by the corporate member Acott and Tilley Capital. The group became an Integrated Lloyd's Vehicle on

1 January 2001 with the creation of Zenith Syndicate Management as an authorised managing agent.

Other commercial and homeowners products have been made available to Lloyd's accredited brokers at the Zenith box [176] since the facility was launched in December 2001.

Service company: Zenith Insurance Management