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The syndicate will be targeting approximately $50mn of GWP in its first year. -
Apollo most recently received in-principle approval for Syndicate 1972.
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The broker’s joint venture with Bain Capital still lacks a CEO.
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The sector recorded total premiums written in London of £11.9bn in 2024
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The vehicle will provide a streamlined route for capital to its client MGAs.
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The pair were offered contracts by Willis Re in July.
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Anticipation, motivation and inspiration are central to effective implementation.
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The reinsurer is moving all its non-cat business to the new syndicate, leaving 1910 focussed on peak cat.
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The Argenta-backed MGA is already active in the cargo and property classes of business.
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The CEO said the AHJ acquisition brought a ‘step change’ to Miller’s reinsurance growth.
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The departure follows an investigation into an “offensive” email sent by Rouse.
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Ryan Alternative Capital Re was launched in partnership with Axis Capital.
