Lloyd’s backs Barbican and Toa Re SPA
Toa Re and Barbican have received ‘in principle’ approval from the Lloyd’s Franchise Board to establish Toa Re Special Purpose Arrangement.
Backed exclusively by Toa Re, the SPA will be managed by Barbican Managing Agency with an initial capacity of £31.4m.
Subject to formal approval, SPA 6132 will commence underwriting on 1 January.
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