special purpose arrangement (SPA) News

Lloyd’s Approves Dale Underwriting Partners’ Special Purpose Arrangement

Dale Underwriting Partners, managed by Lloyd’s third party managing agency Asta, announced that its special purpose arrangement (SPA) has received approval from Lloyd’s. The SPA will reinsure a portfolio of contingency and specialty property business, underwritten into Dale Syndicate 1729 …

Asta’s Agora Syndicate 3268 Gets Nod from Lloyd’s to Underwrite in January 2018

Asta, the third-party managing agent at Lloyd’s, announced that Agora Syndicate 3268 has received approval from Lloyd’s to commence underwriting business attaching on or after Jan. 1, 2018. Agora Syndicate 3268 will be managed by Asta and is privately capitalized …

Dale Underwriting Gets Lloyd’s Approval to Set Up Special Purpose Arrangement

Dale Underwriting Partners, managed by Lloyd’s third party managing agency Asta, announced it has been granted “in principle” approval by the Lloyd’s Franchise Board to establish a special purpose arrangement (SPA). The SPA will support a portfolio of contingency and …

Skuld’s Special Purpose Arrangement, Agora, Completes Senior Team

Skuld announced the completion of the senior team at Agora, the special purpose arrangement (SPA) of Skuld Syndicate 1897, specializing in the property direct & facultative (D&F) and treaty markets. The SPA started trading in January 2016. “Agora, led by …