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New Lloyd's syndicate 2357 appoints Willis' Beatty as approval granted

Green light at a traffic light

Asta, the Lloyd’s leading third party syndicate manager, today announced that Lloyd’s Franchise Board has granted “in principle” approval for Asta Managing Agency to establish and manage a new Lloyd’s syndicate 2357 backed by Nephila Capital.

Initially the syndicate will underwrite catastrophe excess of loss reinsurance aimed at those cedants whose requirements generally cannot be fully satisfied by the conventional reinsurance market.

Ast

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