Ockham to transfer more business to HighCo
Ockham Holdings is seeking to raise enough capital to enable it to transfer all of its motor insuranc...
Ockham Holdings is seeking to raise enough capital to enable it to transfer all of its motor insurance underwriting from Highway's corporate capital-backed syndicate 2037 into its FSA-regulated insurance company HighCo.The Lloyd's group currently writes motor business proportionately across syndicate 2037, syndicate 37 (individual names) and HighCo. It is seeking to transfer all of the underwriting from 2037 and to shut that syndicate by the beginning of next year.
Andrew Gibson, finance
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