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Chart 16 – Estimated 2010 Capacity for Ten Largest Syndicates

1414 (Ascot Underwriting) 1084 (Chaucer) 2987 (Brit) 2623 (Beazley Furlonge) 4472 (Liberty) 510 (R J Kiln) 2999 (QBE) 33 (Hiscox) 2001 (Amlin) 2003 (Catlin)

0

200

400

600 800 GBPmn

Source: Company Information, Moody’s, Aon Benfield Research,

1,000

2009

1,200

2010E

1,400

AON BENFIELD

1,600

19

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