Wakam SIAB shuttered after less than a year
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Wakam SIAB shuttered after less than a year

Catrin Shi, 
Rachel Dalton
12 January 2024
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Wakam Syndicate 1347 is set to enter run-off after trading for less than a year.

According to Lloyd’s data on syndicates trading in the 2024 year of account, the Wakam syndicate ceased trading on 31 December last year, and is expected to complete a reinsurance-to-close transaction by the end of 2025.

The

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News Operations/tech Lloyd's
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Catrin Shi
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Rachel Dalton
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