Insight and Intelligence on the London & International Insurance Markets

21 May 2012

Search archive

Other articles of interest
Lime Street CEOs lag behind global rivals
Glacier shrinks business; withdraws support for Kiln syndicate
PE-backed Brit Insurance slashes costs
Swiss Re expands primary marine business
Brit survives cats to post £75.8mn profit in 2011

Brit adds to Lime Street allure with business reshuffle

4 October 2011

Brit Insurance's Syndicate 2987 will expand in 2011 and 2012 as the Apollo-CVC owned UK insurer deliberately transfers business away from its UK platform, Brit Insurance Ltd (BIL), and into Lloyd's.

The syndicate, which has capacity of £760mn for 2011, has applied to the Lloyd's Franchise Board to expand this in 2012 to channel more of its reinsurance and global markets business into Lime Street.

Click to enlarge This will take the syndicate closer to the £1bn capacity "super-syndicates" managed...

You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.

Purchase


Share: This article was published as part of issue October 2011/1

Insider Publishing Limited - 2nd Floor Asia House, 31-33 Lime Street, London, EC3M 7HT, United Kingdom. The content of this website is copyright of Insider Publishing Limited 2012. All rights reserved Insider Publishing Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.

Π