Talbot establishes trio of terror facilities

Validus' Lloyd's operation Talbot Underwriting has launched
three Lloyd's-led terror facilities in Singapore, Latin America
and Dubai.
Capacity for the Singapore facility will be provided by Sompo
Canopius, while the Latin American and Dubai capacity will be
provided by Sompo Canopius, Navigators and Neon.
The Singapore operation will write terror risk up to $150mn for
a single risk, and the Latin America and Dubai facilities will have
a single-risk capacity of $175mn.
All of the facilities will