NormanMax gets ‘in principle’ Lloyd’s approval to launch parametric syndicate

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Reinsurance News - Dec 21, 2023

US-based parametric re/insurance group NormanMax Insurance Holdings has received ‘approval in principle’ from Lloyd’s to launch parametric Syndicate 3939 in 2024, to be managed by Apollo Syndicate Management. NormanMax noted that Syndicate 3939 aims to commence underwriting in April 2024, “foc...

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