Securis Lloyd's SPA to reach $130mn for 2017

Securis has significantly expanded capacity for its Lloyd's
partnership with Novae this year and expects to write $130mn of
gross written premiums through its special purpose arrangement
(SPA).
Syndicate 6129 launched last year with plans to write $100mn of
gross premium in 2016, of which Securis was due to retain $75mn
with Novae taking 20 percent of the portfolio.
This year, Securis will take about $90mn of the SPA's total
portfolio.
The SPA was formerly known as a special purpose...