CFC Syndicate 1988 begins trading
The syndicate is writing approximately 20% of CFC’s established portfolio, which it said will generate around £100m in gross premium.
CFC has announced that CFC Syndicate 1988 has incepted and begun trading.
This follows the news from April that the managing general agent had gained approval “in principle” from Lloyd’s to create a syndicate, which will be managed by Asta managing Agency.
The business explained that, in addition to risk capital provided by CFC, the syndicate worked with Aon Capital Advisory to attract third-party capital support including a large pension fund, an ILS manager, and reinsurers located in Bermuda
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insurer
Marco Capital sails in to buy MGA incubator parent Pro Global
Marco Capital, the property and casualty legacy consolidator and parent of insurance services group PoloWorks, has signed up to buy Pro Global.
Meet the MGA: Lumara
Having helped set-up one MGA in Arista two decades ago, Lumara CEO David Aslin explains why he is going again, seeking to be a top three partner with its brokers through a combination of expertise, flexible products and agency exclusivity.
Broker hit for £250,000 – FOI reveals insurance sector’s S166 bill
A Freedom of Information request by Insurance Age has revealed the amount spent by a broker, and insurers, on Financial Conduct Authority-mandated skilled persons reviews that completed in 2025/26.
Podcast: Reid and Clegg present Double Indemnity – episode 12, Cameron Specialty’s Tom Kirkland
MGA entrepreneur Tom Kirkland joins Stuart Reid and Toby Clegg for the latest episode of the Double Indemnity podcast series.
Jason Storah on Aviva walking away on pricing, but not from brokers
Aviva’s commercial book shrank year-on-year, but only “marginally” in the heartlands of brokers’ traditional business, UK and Ireland general insurance CEO Storah told Insurance Age.
Aviva boosts UK operating profit and trims COR in H1
Aviva has posted a more than 40% increase in UK operating profit for the first half of 2026, coming in at £603m, pointing to “maintaining disciplined trading” across its portfolio “despite areas of market softening”.
Pen doubles capacity in renewed property owners’ deal
Pen Underwriting has increased its property owner risks capacity, enabling the managing general agent to write £120m in premium over the next three years.
Bspoke adds Cadle and Biggs in broker facing roles
Bspoke Group has appointed Jim Cadle as head of distribution and Ryan Biggs as business development manager, to support growth across its commercial and delegated authority divisions.