Arcus Syndicate 1856 has announced that the specialist Lloyd’s of London insurance and reinsurance marketplace has approved its 2019 business plan.
The business plan sees Arcus 1856 keep its focus on all current business lines across its property and specialty portfolio. in addition to this, there will also be an increase in capacity for property insurance.
Arcus 1856 is backed by funds under the management of the Credit Suisse insurance and reinsurance linked investment strategies team, and has a stamp capacity of £104.2 million in 2018.
Adrian Gfeller, Arcus 1856’s Managing Director, commented: “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.”
