Reinsurance News

Asta

Asta announces six senior leadership promotions

9th April 2026

Asta, a Davies-owned third-party managing agency at Lloyd’s, has announced several senior leadership promotions, including the promotion of David Hopkins to Chief Underwriting Officer (CUO), having served as the company’s Deputy CUO since August 2024. Hopkins brings over 25 years of insurance industry experience, including four years at Westfield Specialty International, ... Read the full article

Asta introduces MGA Verde Risk Management to expand financial lines expertise

15th January 2026

Asta, an independent provider of specialist underwriting platforms and services to the global insurance market, has announced the launch of MGA Verde Risk Management Limited (Verde), which received FCA regulatory approval in December 2025. Focusing on the financial lines sector, including Commercial Crime, Management Liability, and Financial Institutions, Verde will cater ... Read the full article

Lloyd’s approves transfer of GIC Re’s Syndicate 1947 management to Asta

7th July 2025

Asta, the third-party managing agency at Lloyd’s, has confirmed that Lloyd’s has approved the transfer of the managing agency agreement for GIC Re’s Syndicate 1947, effective 1 July 2025, with the agreement covering both open and prior underwriting years. Asta will take on responsibility for operational support and oversight of the ... Read the full article

Lloyd’s approves novation of GIC syndicate 1947 managing agency services to Asta

1st July 2025

Lloyd's, the specialist insurance and reinsurance marketplace, has approved the novation of Indian reinsurer GIC Re's syndicate 1947 managing agency agreement to Davies-owned Asta, effective July 1st, 2025. The agreement relates to both the open and prior years of GIC syndicate 1947 and sees Asta provide a full range of oversight ... Read the full article

Stuart Logue named new CFO of Asta Managing Agency

12th June 2025

Asta, a third-party managing agent at Lloyd’s, has appointed Stuart Logue as Chief Financial Officer (CFO) of Asta Managing Agency, subject to regulatory approval. Logue replaces Richard Barke, who is moving to a senior leadership role at Asta’s owner, Davies. Incoming Logue holds more than 30 years of management experience across the ... Read the full article

RiverStone signs reinsurance to close contract with Asta

17th February 2025

RiverStone International has signed a reinsurance to close contract with Asta Managing Agency, under which the 2022 underwriting year of account of Hampden Risk Partners (HRP) Syndicate 2689 will close into Riverstone International Syndicate 3500. According to RiverStone, a leading acquirer of legacy business in the Lloyd’s market, the net technical ... Read the full article

Asta welcomes three new senior hires to its management team

5th September 2024

Asta, a third-party managing agent at Lloyd’s, has strengthened its senior management team with the addition of David Hopkins as deputy chief underwriting officer, Alex Poracchia as transformation director, and Julie Flello as head of client management. Bringing 27 years of experience in the financial sector, Hopkins joined the company last ... Read the full article

Asta secures approval for innovative SIAB to revolutionise biotech insurance

9th February 2024

Asta, in collaboration with its third-party managing agency at Lloyd’s, has announced the receipt of "in-principle" approval for an innovative syndicate-in-a-box (SIAB) aimed at revolutionising the insurance landscape for the biotech sector. This initiative, spearheaded by MCI Syndicate 1966 supplemented by Lloyd’s consortia, is set to introduce a pioneering insurance product ... Read the full article

Oka granted in principle approval for Asta-managed SIAB 1922 by Lloyd’s

18th October 2023

Third-party managing agent at Lloyd’s, Asta, and Oka, the Carbon Insurance Company, has announced that the specialist insurance and reinsurance marketplace has granted ‘in principle’ approval for Oka syndicate-in-a-box (SIAB) 1922. Oka syndicate 1922 is targeting commencing underwriting in January 2024 and introduces an insurance solution to protect against buyer-side carbon ... Read the full article

MGA and Lloyd’s syndicate Volante launches in Singapore

1st June 2023

Asta, a third-party managing agent at Lloyd’s, has announced that Volante Global, a multi-class, multi-territory international MGA and Lloyd’s syndicate has launched in Singapore. Volante Singapore will offer re/insurance solutions across Asia Pacific, Greater China, Southeast Asia, South Korea, and Japan through Volante’s own A-rated Lloyd’s Syndicate 1699. The focus for its ... Read the full article

Seema Bradbury joins Asta Capital as Chief Risk Officer and Executive Director

31st May 2023

Seema Bradbury has joined Asta Capital Limited, a third-party managing agent at Lloyd’s, as Chief Risk Officer and Executive Director. Bradbury joins this newly created role in Asta Capital from AXIS (AXIS Capital), where she served as the Group Risk Director and Chief Risk Officer. Prior to this, Bradbury held various senior ... Read the full article

Asta announces key appointments to strengthen leadership team

26th May 2023

Lloyd’s third-party managing agent Asta appointed Seema Bradbury as Chief Risk Officer, while Liz Catchpole joins as an independent Non-Executive Director and Chair of the Audit Committee. These appointments follow strategic board changes made last year as part of Asta's long-term succession planning. With over two decades of experience in the London ... Read the full article

Asta expands global presence with opening of service company in Singapore

10th March 2023

Lloyd’s third-party managing agent Asta has announced the strengthening of its global presence by setting up a service company in Singapore. Asta states that it has launched a service company that will enable clients to easily establish a Lloyd’s operation directly in the region. To clients wishing to participate on the Lloyd’s ... Read the full article

Trium Cyber syndicate 1322 approved to underwrite at Lloyd’s

17th November 2022

Trium Cyber syndicate 1322 has been given final approval by Lloyd’s. The third-party managing agent Asta said that the risk carrier had received permission to commence underwriting business on or after 1 January. It said that Trium Cyber plans to write $50m of gross premiums during its first year. All business will ... Read the full article

Lloyd’s grants ‘in principle’ approval for launch of Flux syndicate 1985

14th September 2022

The specialist Lloyd’s re/insurance marketplace has granted ‘in principle’ approval for the launch of Flux syndicate 1985 that will commence underwriting at the beginning of next year. The news was announced in a joint statement from third-party managing agent Asta and the firm Acrisure. It said that Flux is expected to ... Read the full article