The active Lloyd's reinsurance-to-close (RITC) market looks set to continue, as a number of quotations to close open year syndicates at 31 December 2009 are currently under consideration.
According to sources, Shelbourne Group and RITC Syndicate Management (RSM) - among the most active participants in the rejuvenated RITC market over the last two years - are leading the way with potential transactions.
Shelbourne has quoted to close the 1998 and 1999 years on the Spectrum-managed former Crowe Syndicate 53 and...
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