11-09-2017 12:07 via insuranceinsider.com

AmTrust at Lloyd's seeks to merge syndicates

Managing agency AmTrust at Lloyd's has applied for clearance to
merge its three non-life syndicates into one entity.
The company, a unit of New York-based AmTrust Financial
Services, said it has submitted a Syndicate Business Forecast (SBF)
to Lloyd's for business written by syndicates 1206, 5820 and
1861 to be consolidated into a single Syndicate 1861 for the 2018
year of account.
AmTrust's ownership of Syndicate 1206 and Syndicate 1861
results from acquisitions of struggling Lloyd's players.
S
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