September 26, 2017
Pioneer Underwriters and Asta, the third party managing agent at Lloyd’s, announced they have received “in principle” approval from Lloyd’s to establish a syndicate. Pioneer commenced underwriting in 2011 and has built a hybrid underwriting operation in the Lloyd’s market, …
September 22, 2017
Asta, a third-party managing agent at Lloyd’s, announced it has received “in principle” approval from the Lloyd’s Franchise Board to establish and manage Agora Syndicate 3268. In 2015, Asta and marine insurance provider Skuld announced the launch of Special Purpose …
July 31, 2017
Dale Underwriting Partners, managed by Lloyd’s third party managing agency Asta, announced it has been granted “in principle” approval by the Lloyd’s Franchise Board to establish a special purpose arrangement (SPA). The SPA will support a portfolio of contingency and …
June 12, 2017
Asta, the Lloyd’s third party managing agent and specialist MGA investor, announced that Dubai-based Arma Underwriting Ltd. has received full approval from all regulators and commenced operations last month. Asta-backed Arma is an approved Lloyd’s coverholder that writes multi-line re/insurance …
February 27, 2017
Asta, the London-based Lloyd’s third party managing agent and specialist MGA investor, announced it has agreed to invest in the development of Arma Underwriting Ltd. Asta will take a minority equity stake in Arma and will also support the company’s …
October 20, 2016
Asta, the third party managing agent at Lloyd’s, announced it has received “in principle” approval from the Lloyd’s Franchise Board to establish and manage Verto Quota Share Syndicate 2689. Initially, Verto Syndicate 2689 plans to underwrite proportional reinsurance of Lloyd’s …
September 23, 2016
Asta, the Lloyd’s third party managing agent, announced it has received “in principle” approval* from the Lloyd’s Franchise Board to establish and manage Blenheim Syndicate 5886. Asta expects to commence underwriting policies incepting on or after Jan. 1, 2017. Nick …
September 22, 2016
Asta, the London-based third party managing agent and specialist MGA investor, has concluded a transaction to finance the development of OverArk Ltd. Asta will take a minority equity stake in OverArk and will also support the company’s infrastructure, including finance …
September 10, 2015
Asta Managing Agency Ltd. and Everest Re Group Ltd. announced the Lloyd’s Franchise Board has granted “in principle” approval to establish and manage a new dedicated corporate syndicate backed by Everest Re, with initial gross premium of £102 million ($151 …