Probitas 1492 is a Lloyd’s syndicate

You get to benefit from:

  • the Lloyd’s global network of licences
  • a proven track record in both ability and willingness to settle claims
  • a strong financial rating, underpinned by the unique Chain of Security, which includes the Central Fund

The Central Fund is available at the discretion of the Council of Lloyd’s to meet any valid claim that cannot be met by the resources of a Lloyd’s syndicate.

As all Lloyd’s policies are ultimately backed by this common security, a single market financial rating can be applied to all syndicates – which includes Probitas 1492.

Strength in Numbers

As a Lloyd’s syndicate, our customers benefit from the Lloyd’s financial strength and Chain of Security.

This means our Financial Rating is:

Probitas 1492 Security Ratings



What does this mean to you?

Lloyd’s unique capital structure provides excellent financial security to policyholders. As part of this, there are three links in the Chain of Security.

Probitas 1492 Assets
First LinkSyndicate level assets:
Premiums receieved
Second LinkMembers Funds at Lloyds (FAL) $106m
Mutual Assets
Third LinkCentral fund:
Callable layer: £927m
Subcoordinated debt/securities:

About Lloyd’s

Lloyd’s, often referred to as Lloyd’s of London, is the world’s specialist insurance and reinsurance market.

Bringing together an outstanding concentration of underwriting expertise and talent. It is often the first to insure emerging, unusual and complex risks.

Syndicates underwrite insurance at Lloyd’s, covering all classes of business. Together they interact with thousands of brokers daily to create insurance solutions for businesses in over 200 countries and territories around the world.

Lloyd’s insures the majority of the FTSE 100 and Dow Jones industrial average companies.

Learn more