Barbican special-purpose syndicate approved by Lloyd's

19 December 2014

Lloyd’s has approved Barbican Insurance Group's new special-purpose syndicate (SPS), backed by alternative capital. SPS 6120, which is capitalised by funds managed by Credit Suisse’s insurance-linked securities (ILS) team, will underwrite a whole-account quota-share reinsurance contract of Barbican syndicate 1955, commencing on January 1, 2015 (...)

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