Lloyd’s approves business plan with increase in property insurance capacity
London, 13 November 2018 – Arcus Syndicate 1856 (Arcus 1856) has today announced that it has received approval from Lloyd’s for its 2019 business plan.
The business plan sees Arcus 1856 maintain its focus on all current business lines across the Syndicate’s property and specialty portfolio. In addition, there will be an increase in capacity for property insurance.
Commenting on the approval, Adrian Gfeller, managing director, Arcus 1856, said: “We are delighted to have received approval for our 2019 business plan. Arcus 1856 operates a well-diversified portfolio of business and in 2019 our aim will be to ensure the ongoing profitability of that portfolio by maintaining strict underwriting discipline across all lines of business.”