Argenta
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LA wildfire losses are impacting the 2024 years of account, Argenta noted. -
Current specie head Victoria Bell is leaving Argenta to join Axis.
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Argenta will also manage the run-off and renewal of the previous White Bear binder.
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The carrier has moved to hire in the fine art and specie line after the exit of Mark Benbow.
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Syndicate 1984 will be backed by Names under a modified freehold arrangement.
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Losses are likely to fall within syndicates’ loss budgets, it said.
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Most recently, Goddard was joint active underwriter at WRB Underwriting.
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ERS 218 reported a 3.4% return on its £48mn capacity.
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She will report to Carol-Ann Burton, ASML director and general counsel for Argenta Group.
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The book is yet another indication of growing interest in the space.
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The MAPA will allow APCL clients to participate in a portfolio of syndicates without the need to own the underlying capacity.
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The appointment comes following the resignation of Jo Reynolds, who is joining Axis.
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