Exhibit 99.3
EXHIBIT OF SYNDICATE RESULTS
The following table presents a summary of the combined results of Syndicates 4020 and 3902 as reported to Lloyd’s under U.K. GAAP for the year ended December 31, 2020.
$ in millions
Year ended December 31, 2020
Earned premium, net of reinsurance
$
419.6
Net claims and expenses
(411.3)
Syndicate investment return
3.8
Total return from syndicate operations
$
12.1
Combined ratio
98
%