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 leading insurance and reinsurance marketplace. Through the collective intelligence and risk-sharing expertise of the market’s underwriters and brokers, Lloyd’s helps to create a braver world.

The Lloyd’s market provides the leadership and insight to anticipate and understand risk, and the knowledge to develop relevant, new and innovative forms of insurance for customers globally.

It offers the efficiencies of shared resources and services in a marketplace that covers and shares risks from more than 200 territories, in any industry, at any scale.

And it promises a trusted, enduring partnership built on the confidence that Lloyd’s protects what matters most: helping people, businesses and communities to recover in times of need.

Lloyd’s began with a few courageous entrepreneurs in a coffeeshop. Three centuries later, the Lloyd’s market continues that proud tradition, sharing risk in order to protect, build resilience and inspire courage everywhere.

Learn more