Lloyd's

QBE EO manages its Lloyd’s activities through QBE Underwriting Limited (QUL), one of the largest managing agents at Lloyd’s, with a projected gross written premium of £1.5 billion (including brokerage) for 2011. QUL manages two Lloyd’s syndicates, QBE Casualty Syndicate 386 and umbrella QBE Syndicate 2999. Lloyd’s has a Standard & Poor’s rating of ‘A+/strong’ and an AM Best rating of ‘A’ (excellent).