Catlin Underwriting Agencies is trying to buy out Names from one of its Lloyd's syndicates.
The plan is to buy out the private investors that provide Syndicate 1003's £75m capital.
Chairman Stephen Catlin confirmed the move, adding that the company is not anti-private investors, but is seeking to avoid any possible conflict between corporate and Names' capital.
If the company succeeds in buying out its Names, it then plans to merge Syndicate 1003 with its syndicate funded by corporate capital, Syndicate 2003.
