AXIS has received formal approval for the launch its own Lloyd’s syndicate in 2014, AXIS Syndicate 1686, which will deliver £119 million to the Lloyd’s market.
The deal, managed by Asta, one of the leading third party managers of Lloyd’s syndicates will bring a further Bermuda player into the London market.
AXIS will be joined by Duncan Dale Syndicate 1729, which will be bringing a further £75 million of capacity to Lloyd’s.
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