Asia Lloyd’s syndicate calls it a day after year of cat losses
Asia-focused Syndicate 1965 is going into run-off after the Thailand floods capped off a year of extraordinary disaster losses from the region.
Argenta Syndicate Management, the managing agency for 1965, said in a statement today (30 November) that it would work closely with Lloyd's, the staff and capital providers of the syndicate to ensure all its liabilities were resolved.
The move comes little more than a week after the French state-owned reinsurer CCR withdrew from Thailand and Australia following its...
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