CFC to Launch Lloyd's Syndicate with Asta as Manager

CFC to Launch Lloyd’s Syndicate with Asta as Manager
April 30, 2021
The new syndicate will be managed by Asta Managing Agency Ltd.
CFC and Asta said they are working to secure final approvals to begin underwriting business starting July 1, 2021.
The syndicate will write a cross-section of CFC’s portfolio of specialist, emerging and digital economy risks with planned gross premium of over £100 million for its first year of trading.
Capital is being provided by CFC and third-party capital-providers.
Headquartered in London, managing general agency CGC also has offices in New York, Austin, Brussels and Brisbane.
Asta manages 11 syndicates at Lloyd’s.

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