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Strength & Security

Strengths of the syndicate

We understand and respect the crucial importance of security in the insurance decision-making process. The strength of our ratings and financial backing give us a real advantage in the market. QBE is the largest manager of underwriting capacity at Lloyd’s, offering:

• £1 billion of underwriting capacity for 2010
• £1.365 billion of capacity under management

One hundred per cent of the capital supporting Syndicate 1036 is provided by QBE, rated ‘A+’ strong by Standard & Poor’s. The Lloyd’s policies we issue also benefit from the security and expertise of the Lloyd’s insurance market, rated ‘A+’ (Strong) by Standard & Poor’s and ‘A’ (Excellent) by A.M. Best. Ratings correct as at 1 July 2009.

Lloyd's Security

Lloyd's has a history of over 300 years, highlighted by its impeccable claims payment record. It conducts business in excess of 100 countries and is the world's leading insurance market.

It offers unique security to policyholders combined with the additional security given by the Central Fund. Lloyd's is Standard & Poors rated ‘A+’ (Strong) and ‘A’ (Excellent) by AM Best.

The Lloyd's of London web site contains more information regarding Lloyd's financial security.