"We are delighted that Lloyd's has approved this substantial increase in our capacity for 2017 and has given us the go-ahead to write Marine Liability and War and Terror business," said
"Some of our books of business were relatively small and thus subject to volatility if there were major losses, so this increase in capacity allows us to iron out a degree of volatility in the portfolio. The current soft market is difficult and there are many challenges, but with our combination of careful risk selection and utilisation of data and analytics to improve our underwriting, we look forward to maximising profitable business opportunities in 2017."
The other classes of business written by Syndicate 3334 are Accident and Health insurance, Contingency insurance, Property D&F insurance, Professional Indemnity insurance, Space insurance, Treaty reinsurance, and Financial Institutions insurance.
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