Insurance Post

Asta preparing to launch owner managed Lloyd's syndicate

Lloyd's building

Asta has been granted ‘in principle’ approval by the Lloyd’s Franchise Board for Asta Managing Agency to establish and manage a new owner managed syndicate.

Syndicate 1729, which plans to begin underwriting on 1 January 2014, will be led by Duncan Dale as active underwriter and will cover a range of property and casualty insurance and reinsurance lines.

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