Lloyd’s approves 16% stamp-capacity increase for Antares’ Syndicate 1274
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Lloyd’s approves 16% stamp-capacity increase for Antares’ Syndicate 1274

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Antares Managing Agency Ltd has received formal approval from the Lloyd’s Capital and Planning Group for its Syndicate 1274 business plan.

Syndicate 1274’s business plan includes a 16% increase in stamp capacity for 2023, from £310mn ($351mn) to £360mn.

Antares said the stamp increase reflected the current market environment – “in particular, the strengthening of the US dollar, growth in profitable...

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