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Lloyd's syndicate

Lloyd's syndicates are the risk bearers at Lloyd's that write the insurance.

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Syndicates are provided with capital by one or more Lloyd's members and are managed by managing general agents. Syndicates often specialize in a number of classes of business and each syndicate determines its own strategy, including its risk appetite, reinsurance purchases, and claims approach.

Related Terms


A Lloyd's underwriter is a person who determines premiums, terms, and conditions for insurance...

A Lloyd's managing agent is a firm or company having complied with the requirements of the Council...