A.M. Best's Rating
11 December 2003
Amlin plc, the leading Lloyd's insurer today welcomed A.M. Best's decision to assign a financial strength rating of A (Excellent) to Syndicate 2001.
AM Best today said the rating reflects the syndicate's excellent profile and prospective financial performance, in addition to the financial strength of the Lloyd's market, rated A- (Excellent), which underpins the security of all Lloyd's syndicates. It added that Syndicate 2001 has consistently performed above the Lloyd's market average since its formation in 1997 with projected results for 2001-3 likely to be in Lloyd's upper quartile.
The rating is based on A.M. Best specific syndicate criteria (see A.M. Best's Rating methodology for Lloyd's syndicates at www.ambest.com).
Charles Philipps, CEO, commented: 'We are delighted with this 'A' rating which reinforces our strong credentials from a client perspective, and backs up progress made in recent years in all key areas of our business.'
Enquiries:
Amlin plc:
Charles Philipps 020 7746 1000
Richard Hextall 020 7746 1000
Haggie Financial:
Peter Rigby 020 7417 8989
