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The syndicate will be targeting approximately $50mn of GWP in its first year.
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Apollo most recently received in-principle approval for Syndicate 1972.
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The insurer’s plans for the syndicate were revealed by this publication earlier this year.
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Behind the Headlines Podcast
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In Partnership With GuidewireJoin Insurance Insider for a free webinar, offered in partnership with Guidewire Software, 10:30 EDT/15:30 BST on Aug 14.
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In Partnership With MarkelPrivate equity investors may not have the same timeline as the multi-year construction projects they’ve invested in, which could leave surety writers holding the keys if private equity walks away, said Mike Keimig, president and CEO of Markel Surety.
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In Partnership With Munich ReTim Brockett, EVP & Head of Specialty for Munich Re U.S. shares insights on risk perceptions, the flood insurance gap, and innovative strategies.
From our other titles
From our other titles
From our other titles
From Insurance Insider
Property cat aggregate placement grew 50% in 2025: Aon
Supply for property outstrips demand, but the casualty market is “bifurcated”.
From Insurance Insider ILS
Ascot aims to establish Wayfare Re as an 'evergreen' source of capital
The global specialty player is also exploring ILS offerings across specialty and cat bonds.
From Insurance Insider ILS
Moody’s seeks comments for new cat-bond rating methodology
Market participants have until 13 October to provide any comments.
From Insurance Insider US
Q2 stat data shows trouble in key commercial lines
The other liability loss ratio continued to rise as workers’ comp and commercial auto reversed course.
From Insurance Insider ILS
Hannover Re to set up ILS platform in Bermuda
Aaron Garcia will hold a senior role at the operation, sources have confirmed.
From Insurance Insider ILS
Cat bond funds outpace private ILS by 2.01 points in H1: ILS Advisers
The ILS Advisers Fund Index reported a profit of 1.11% in June.

Insurance Insider US provides robust insights, sharp analysis and exclusive news on the London and global (re)insurance markets.

Insurance Insider ILS provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.