Antares
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Growth was driven by Lloyd’s Syndicate 1274 and Antares Re. -
The carrier has also promoted James Glynn and James Thomas.
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The carrier is launching its own managing agency as part of its ongoing international expansion.
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Antares recently announced a restructure of its international entities including the launch of a UK company platform.
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The QIC-owned carrier has completed extensive remediation in the past two years.
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The syndicate posted GWP of $317mn for the first half of the year.
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The maximum line for the consortium will initially be $40mn.
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The syndicate improved its net loss ratio by 15.9pp to 54.2%.
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Alexander Craggs spent more than a decade working for the QIC-owned Lloyd’s business.
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Antares Re recorded GWP of $854.5mn for 2022, of which $728mn was written in Europe.
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Oden Grenville joins from Starr Insurance Companies, where he held the role of senior underwriter for A&H.
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