The Lloyd’s Council has given Nephila Syndicate Management Ltd (NSM) the go-ahead to create Syndicate 2358 as part of the Future at Lloyd’s initiative.
Slated to be launched in the fourth quarter, the new syndicate will write a diversified portfolio of Lloyd’s specialty risks aimed at offering a complementary source of returns for institutional insurance-linked securities (ILS) investors looking to broaden their exposure into specialty lines.
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