Barbican Insurance Group
Barbican Insurance Group

Barbican Insurance Group

The Barbican Insurance Group trades at Lloyd's as Barbican Syndicate 1955, with a stamp capacity for 2010 of £180 million. In addition to Syndicate 1955, the Group includes a non-Lloyd’s Financial Solutions business, underwritten by Barbican Reinsurance Company Limited, based in Guernsey. Barbican Reinsurance Company Ltd provides the Funds at Lloyd’s on behalf of Syndicate 1955.

 

Also based in Guernsey, Barbican Channel Islands is a domestic underwriting business using our capacity in Lloyd’s to provide commercial insurance solutions for the Channel Islands marketplace.

 

Barbican Insurance Group is owned in part by the people who run it day-to-day. The members of the Barbican executive team, along with the company’s senior managers, have invested their own money in the business. Adding up to a significant shareholding, there could be no better guarantee of commitment to the company.

 

Two leading US investment funds are also backers of Barbican Insurance Group. They are as committed as our own people are to the long-term success of the business and see their initial investment as the first wave of support.

 

Barbican Syndicate 1955

Barbican Syndicate 1955 comprises five specialist underwriting divisions covering ten different lines of business. The divisions are as listed here:

 

Marine, Aviation and Transport

The Marine, Aviation and Transport division encompasses both Marine Reinsurance and Marine Insurance. It underwrites General Aviation and Aerospace business as well.

 

Non-Marine Reinsurance

The Non-Marine Reinsurance division incorporates three different lines of business. They are International Casualty Reinsurance; North American Casualty Reinsurance; and Property Reinsurance.

 

Property

The Property division operates in two sectors: Open Market and Binding Authorities. Nuclear insurance also comes under this division.

 

Specialty

The Specialty division takes in three separate portfolios: Healthcare Liability; Cyber Liability; and Financial & Professional Lines.

 

UK Insurance

The primary focus of the UK Insurance division is on corporate, middle market and scheme/affinity group clients in the UK and Ireland.

 

Barbican Channel Islands also comes under this division, offering commercial insurances specifically designed for the Channel Islands marketplace.

 

Download 16-page Barbican Group Profile pdf
Download 2-page Barbican 'Factsheet' pdf
Download 21-page extract of 2008 Report & Accounts pdf

You will need Adobe Reader installed on your computer to read these files. If you do not already have it, you can download it from the Adobe website .

 

Our availability at the box

Box 138 availability

Box 250 availability

Box 250A availability

Box 250B availability

Box 250C availability

Latest news Click headline for full story

Cat bonds on the up

A new set of investors is being attracted to the catastrophe bond market, according to Aon Benfield Securities, with many of these buyers being institutional investors and pension funds.

Euro stress tests OK

Fitch Ratings says all the European insurers it measures could withstand the shock of Greece defaulting on government debt after it carried out a "stress test" based on such a scenario. It has not changed any of their ratings.

Amlin calls time on US

After less than two years in business, Amlin has closed its US platform. The (re)insurer was the first Lloyd's agency to establish a representative office in Illinois and specialised in property, casualty, auto and marine cargo business,

 

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One of the major benefits of doing business at Lloyd’s is its degree of financial security. Stringent solvency controls make sure the market meets the highest standards. Lloyd’s structure and inbuilt precautions provide you and your clients with reassuringly high levels of financial protection.

 

This is demonstrated by Lloyd’s ‘chain of security’ and recognised by Lloyd’s financial ratings. For more information about how Lloyd’s operates, go to: www.lloyds.com .

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