Oman Insurance Company and Asta secure initial approval for SIAB launch
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Oman Insurance Company and Asta secure initial approval for SIAB launch

Rachel Dalton
29 September 2021
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A photograph of the Lloyds Building in London from ground up

Oman Insurance Company (OIC) and managing agent Asta have received in-principle approval from Lloyd’s to launch Syndicate 2880 under the syndicate in a box (SIAB) initiative.

Due to begin underwriting for the 2022 year of account, the syndicate will operate from the Lloyd’s platform under the Dubai International Financial Centre.

Dubai-based

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Rachel Dalton
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