RITC start-up gets Lloyd’s green light; closes 4 syndicates
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RITC start-up gets Lloyd’s green light; closes 4 syndicates

Lloyd's has approved Syndicate 2008 to write reinsurance to close (RITC) business, with the Shelbourne Syndicate Services Ltd (SSSL) managed vehicle already closing four open year syndicates with gross insurance reserves of around $455mn.

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