Hampden to launch quota share syndicate Verto

Hampden and Asta have secured in-principle approval from
Lloyd's to launch a Names-backed quota share syndicate at 1
January.
Former Endurance executive Peter Mills will be active
underwriter of Verto Syndicate 2689, which will look to write a
series of quota share deals to provide capital to other Lloyd's
businesses.
The quota share syndicate was one of the ideas floated earlier
this year by ReSolution Underwriting chairman Christopher Harman
and Deloitte partner Ian Clark in a report on the fu