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News & Media

 

 

Latest News Articles

Current and recent press releases issued by Liberty Syndicates.

Press Archive

Historic press releases issued by Liberty Syndicates for 2007 - 2008.

Events

A summary list of key events, seminars and conferences related to the insurance industry, with details of the Liberty Syndicates personnel who you will be able to meet at these events.

Global Reach

Global Reach

Liberty Syndicates transacts a comprehensive range of insurance and reinsurance business across the globe. This section links to the Lloyd's network and to Liberty Syndicate offices.

United Kingdom
(London)

Operating both from the iconic Lloyd’s building and offices in the heart of the insurance market, the London operation underwrites all classes of insurance and reinsurance in which Liberty Syndicates is active.

Europe
(Cologne, Paris & Madrid)

Our Cologne, Paris and Madrid offices offer buyers in both Northern and Southern Europe access to all our reinsurance products. Our offices provide insurance and reinsurance capacity on a proportional and non-proportional basis.

Latin America
(São Paulo & Rio de Janeiro)

Opened in 2009, the Rio de Janeiro and São Paulo offices are the most recent additions to the Liberty Syndicates network, extending our reach into the fast developing local reinsurance market in Latin America.

Our People

People Search

Search for the contact details and profiles of all Liberty Syndicates underwriters and key executives in our offices worldwide. The search facility allows you to search by name as well as business area.

Executive Committee

The Liberty Syndicates Executive Committee provides a great combination of insight, knowledge and experience, supporting the creation of a strong, well diversified business. Access the committee structure chart and individual profiles.

Underwriters

The underwriters at Liberty Syndicates have the expertise and understanding to respond quickly and fairly to clients’ needs – whatever their size or complexity. Split by reinsurance and insurance, this section shows our underwriting structure.

Claims

Liberty Syndicates aims to respond to claims as quickly and fully as possible. Our adjusting staff have an average of more than 20 years' claims processing experience to help us to do just that. Access the claims structure chart and individual profiles.

Our Products

Introduction

Liberty Syndicates is a leading innovator in the insurance and reinsurance markets. We provide intelligent product solutions supporting strong long term client relationships and reinforcing our status of “must see market.”

Insurance

Lloyd’s is one of the world’s largest commercial insurers. Our underwriting is split into three divisions: Property, Contingent Lines and Marine. Follow this link for an up-to-date listing of the insurance risk classes offered by Liberty Syndicates.

Reinsurance

As a leading reinsurance participant within the Lloyd’s market, our underwriting covers a wide range of specialist business areas. This section provides insight into the Syndicate’s worldwide reinsurance underwriting expertise.

Claims Handling

Liberty Syndicates recognise that providing excellent claims service is paramount. Our claims team have over 200 years combined claims handling experience and aim to promptly pay any claim proven to be valid. Access the claims department structure chart.

Learn About Us

Within this section

Picture of London skyline

“Must See Market”

Liberty Syndicates was established in 1994. Backed by Liberty Corporate Capital Ltd, it was one of the first corporate vehicles at Lloyd's

Financial Information

For the financial year ended 31 December 2008, Syndicate 4472 recorded the following results:

Profit £131.1 million

In a year of significant challenges, with one of the most expensive hurricanes on record and investment markets falling heavily around the world, this was a very strong result.

Gross written premiums £950.9 million

2008 began with rates weakening, but by the year end, they began to flatten across most lines of business. This trend has continued into 2009, with positive pricing adjustments being seen across the market.

Combined ratio 92.3%

Liberty Syndicates has built a broad portfolio of risk, selecting a number of specialist areas on which to concentrate. The combined ratio compares favourably with the business’s peer group in the Lloyd’s and London market.

Investment income up 15%

Despite the increased turmoil in the financial markets last year the Syndicate’s investment income after net realised gains and losses increased from £60.2 million in 2007 to £69.5 million in 2008.

A-rated policies

All Lloyd's policies are ultimately backed by the Chain of security. There are three ‘links’ in this chain: the funds in the first and second links are held in trust, primarily for the benefit of policyholders. The third link contains mutual assets available to meet the insurance liabilities of any member. This means that a single market rating can be applied -

A

A+ (strong) from Standard & Poor’s

A

A (Excellent) from A.M. Best

A

A+ (strong) from Fitch

Capacity

Since 2001, the Syndicate has grown from a stamp capacity of £387 million to £750 million in 2009. During the peak of the underwriting cycle in 2007 our capacity reached £917 million. Liberty Syndicates is one of the leading Managing Agents in the Lloyd’s market.

Combined stamp capacity of Liberty Syndicates (£ millions)

Combined Capacity Chart
Report & Accounts

Annual Report 2008

English:

DownloadReport and Accounts 2008 English - PDF
Lloyd’s Chain of security 2009

Lloyd’s Chain of security 2009

UK version

DownloadChain of security 2009 - UK PDF

US version

DownloadChain of security 2009 - US PDF