Managing agent S A Meacock joins
Managing agent S.A. Meacock & Co has become the 11th member of Lloyd’s China, the new reinsurance operation run by Lloyd’s.
Lloyd's said its Chinese operation, which was launched in April, had so far attracted many of the big names in the specialist insurance industry.
Ian Faragher, managing director of Lloyd’s China Re, said: “We are hopeful that the 11 managing agents will go up to 15 and the four insurers operating from China will go up to six in the not so distant future.”
“We are getting the specialist risks that Lloyd’s deals better than most at, and we are getting the business that previously would have gone into the local market and not have made its way into Lloyd’s,” he added.
Brit, Markel, Kiln, Chaucer, Atrium, Amlin, Catlin, Ace, C.V. Starr and St. Paul Travelers are already members.
