Syndicate results 2019 #28 Syndicate 4020 Ark

Active Underwriters N Fox, M Raven

The Lloyd’s syndicates have now published their results and, in some cases, added detail and an outlook for 2020. As in the past two years, IMN is summarizing the results from all syndicates that have a marine interest which have provided some information on the marine side.

The managing agent of the Syndicate is Ark Syndicate Management Limited (ASML), a company incorporated in the UK. ASML also manages the affairs of Syndicate 3902 which commenced underwriting as a stand-alone syndicate in 2017.

KPIs £000s 2019 2018
GWP 277,373 269,500
Gross Claims (180,972) (223,694)
Balance on the technical account for general business 8,361 (12,791)
Comprehensive income after FX adj 7,253 (12,294)
GWP £000’s 2019 YOA est 2018 YOA est 2017 YOA est 2019 Cal year 2018 Cal year
Marine & Energy 5,414 32,427 33,994 40,656 35,429
Total 243,908 59,473 268,342 277,373 269,500

https://www.lloyds.com/investor-relations/financial-performance/syndicate-reports-and-accounts/2008/05/4020