Broadgate Syndicate 1301 has announced it is to establish an international property treaty account in 2005.
The account will comprise of catastrophe, risk excess and proportional treaty business, the syndicate said.
It has appointed four members of the Great Lakes Reinsurance (UK) treaty underwriting team, headed by Bob Katzaros, to build the account.
The projected premium income in 2005 is £20m, it said.
