The Group’s aligned and non-aligned participations in Lloyd’s syndicates are set out below.
Aligned syndicate participations
|
 |
Syndicate capacity |
|
| |
2005
£m |
|
2004
£m |
|
2003
£m |
|
2002
£m |
|
|
| Syndicate 2001 |
850.0 |
|
1,000.0 |
|
861.6 |
|
578.3 |
|
| Total managed capacity |
850.0 |
|
1,000.0 |
|
999.6 |
|
799.7 |
|
|
| Percentage owned |
100.0 |
% |
100.0 |
% |
86.2 |
% |
72.3 |
% |
|
Non-aligned syndicate participations
|
|
Syndicate capacity |
|
| Managing agent |
Syndicate |
|
1999
£m |
|
1998
£m |
|
1997
£m |
|
|
| Non-marine |
|
|
|
|
|
|
|
|
| Jago Managing Agency Ltd |
205 |
|
2.25 |
|
- |
|
- |
|
| A E Grant (Underwriting Agencies) Ltd |
991 |
|
2.93 |
|
2.35 |
|
- |
|
| Duncanson & Holt Syndicate Management Ltd |
1101 |
|
- |
|
2.50 |
|
2.50 |
|
|
| Total non-marine |
|
|
5.18 |
|
4.85 |
|
2.50 |
|
|
| Motor |
|
|
|
|
|
|
|
|
| Ockham Personal Insurance Agency Ltd |
37 |
|
4.64 |
|
- |
|
- |
|
|
| Aviation |
|
|
|
|
|
|
|
|
| Duncanson & Holt Syndicate Management Ltd |
957 |
|
- |
|
3.00 |
|
3.00 |
|
|
| Total capacity |
|
|
|
|
|
|
|
|
| Capacity remaining open at 31 December 2003 |
|
|
9.82 |
|
7.85 |
|
5.50 |
|
|
During 1999 the Group sold the final part of its directly owned non-aligned capacity..
|
