Arcus 1856 provides traditional and bespoke re/insurance solutions which capitalise on the firm’s ability to expertly combine ILS structures and insurance products.
The Lloyd’s syndicate is 100% backed by funds managed by the Credit Suisse ILS division and is headed-up by the firm’s former London-based ILS team. With one of the longest track records in the market, Credit Suisse is the second largest ILS fund manager in the world with over $9 billion under management.
Managed by Barbican Managing Agency Limited, part of Barbican Insurance Group, Arcus 1856 has a 2019 stamp capacity of £104.9 million. Focusing primarily on providing reinsurance solutions, the company operates a highly diverse but precisely balanced portfolio built upon a mature book of business.
Its underwriting remit spans both property reinsurance and speciality lines, including energy, cyber, space and aviation, on a proportional, risk XL and Cat XL basis. Capitalising on the reach of the Lloyd’s platform and reflecting the scope of its capital market partners, Arcus 1856 has a global book of business.