Lloyd’s Syndicate 1980 News

Pioneer Underwriters Decides to Put Lloyd’s Syndicate 1980 into Run-Off

Pioneer Underwriters has decided to put its Lloyd’s Syndicate 1980 into run-off after completing an examination of “strategic and capital options for 2020.” Pioneer said it will be working with Asta, the managing agency of Syndicate 1980, to ensure a …

Pioneer Underwriters Gets Lloyd’s Approval to Launch Syndicate 1980 on Jan. 1

Pioneer Underwriters announced it has received approval from Lloyd’s for Syndicate 1980 to commence underwriting business attaching on or after Jan. 1, 2018. Pioneer Syndicate 1980 will have a gross premium income of £278 million ($371.2 million) and will underwrite …

Pioneer Underwriters & Lloyd’s MGA Asta Get Initial Nod to Set Up Lloyd’s Syndicate

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, …

Pioneer Underwriters Launches Sub-Syndicate 1980 with Liberty’s 4472

Pioneer Underwriters announced the launch of their Lloyd’s Sub Syndicate 1980 in conjunction with Liberty Syndicate 4472. Syndicate 1980 began writing business on the first of January 2014, and will have a capacity of £70 million [$115 million] in its …