Dale Underwriting posts profit in first YoA

Asta-managed Dale Underwriting Partners Syndicate 1729 has posted a
profit of £450,000 ($550,143) in the operation's first
year of account (YoA).
The syndicate entered the market in the 2014 YoA, and the profit
represents 0.6 percent on £75mn of stamp capacity.
Gross written premiums for 2014 were £45mn, of which the
company said 43 percent was new business to Lloyd's.
Dale Underwriting's lead capital provider is ProAssurance
Corporation, and the syndicate operates on a mix of