Opinion: Probitas' unlikely backer

First the Panamanians, now the Saudis. In a market dominated by
capital from established western insurance hubs, you could argue
that Probitas CEO Ash Bathia keeps unusual bedfellows.
Probitas has had the most vexed start to life of any recent
Lloyd's business. It suffered delays through 2015 as it
struggled its way through the Lloyd's new entrants'
process, eventually limping over the line in September in time to
write £3mn ($3.9mn) of business before year-end.
And then less than a...