Probitas begins underwriting

Ash Bathia's Probitas Syndicate 1492, a project first revealed
by The Insurance Insider, has begun
underwriting today (12 October).
The Capita-managed syndicate will write an international
portfolio of P&C direct insurance and facultative reinsurance,
with a focus on business not currently seen at Lloyd's,
particularly from Latin America and other emerging markets.
The executive team includes Probitas' founding members, with
former Ascot executive Jon Foley as chief underwriting officer,
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