Key Facts

We are always pleased to explain how Advent operates and if you are interested in the Company please contact us using the links on the right. However, in the meantime here are some key facts and figures.

  • Advent has two operating platforms; Syndicate 780 at Lloyd’s and Advent Re in Bermuda
  • Between them the two business expect to underwrite around £145m of premium income (net of brokerage) for 2010
  • Advent has experienced management and an underwriting team who have been working in the Lloyd's market for an average of more than 20 years
  • Syndicate 780 is predominantly a short-tail property reinsurance and insurance syndicate specialising in catastrophe business but also underwriting some specialist lines such as energy and marine excess of loss. Advent Re underwrites retrocessional reinsurance as well as a quota share of Advent's corporate name at Lloyd's
  • The outstanding liabilities in respect of Syndicate 2 on which Advent previously partcipated have been reinsured into Syndicate 3330, managed by Cavell Managing Agency Limited. Advent  retains the liability for these risks
  • A.M.Best Lloyd’s market rating A Excellent
  • Standard & Poor’s security rating, Lloyd’s market rating A+ Strong stable outlook