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Syndicate forecast information is provided quarterly by the syndicates for any year of account that has reached or passed the 15 month stage of its development, but has not yet passed its normal date of closure (36 months after commencement).

Lloyd's will operate with a total market stamp capacity of at least £47.9bn ($59.4bn) in 2023, up 20.9 percent year on year, with 68 of 80 respondents to The Insurer's annual capacity survey having gained business plan approval to grow at 1 January.

If you are handling a claim with a date of injury from January 1, 1993 through December 31, 1999 and are paying partial incapacity benefits under §213 (3) or §213 (4), a portion of indemnity benefits paid to the claimant may be reimbursable by the Supplemental Benefits Fund (SBF).

A Lloyd's syndicate is formed by one or more members joining together to provide capital and accept insurance risks. Most syndicates write a range of classes of business but many will have areas of specific expertise. Syndicates are, technically, set up on an annual basis.

If you are handling a claim with a date of injury from January 1, 1993 through December 31, 1999 and are paying partial incapacity benefits under §213 (3) or §213 (4), a portion of indemnity benefits paid to the claimant may be reimbursable by the Supplemental Benefits Fund (SBF).

Axa XL Syndicate 2003 was the leading performer among Lloyd's heavyweights during 2021 as it delivered a 74.6 percent combined ratio – an improvement of more than 59 percentage points on the previous year.

During 2023 we will engage with the market to scope work that will deepen our understanding of how syndicates are managing this risk and its impact on exposures, reserving assumptions and capital. taking to understand your own exposures and your ESG strategies.