Insight and Intelligence on the London & International Insurance Markets

9 February 2012

Jubilee set for syndicate merger; in talks with potential investors for additional capacity

11 November 2009

Lloyd's insurer Jubilee is set to go ahead with its syndicate merger plans for the 2010 year, The Insurance Insider understands.

The expansive managing agency is also in talks with potential new investors to raise funds next year that would provide extra capacity for growth opportunities, according to sources.

It is thought Jubilee is looking for an initial investment at a moderate level of around 10-15 percent of its existing capital base. Such a move would then secure it standby...


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