China Re receives final approval for Lloyd's Syndicate 2088

Catlin and China Re have announced that China Re's
application for a standalone Lloyd's syndicate has been
formally approved and will officially begin underwriting on 1
January.


The China Re Syndicate (Syndicate 2088) will be managed by Catlin
Underwriting Agencies, and is projected to underwrite around
£120mn of premiums in 2015, initially focusing on reinsurance,
property, marine and specialty treaty.


It is the first time a Chinese-owned company has established a
Lloyd's s