Ontario Teachers’ backs London Bridge ILS cell with initial £100mn+
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Ontario Teachers’ backs London Bridge ILS cell with initial £100mn+

Fiona Robertson
10 November 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
A photograph of the Lloyds Building in London from ground up

Lloyd’s said the first London Bridge ILS transaction at the market was backed by more than £100mn ($136mn) of capital from the Ontario Teachers’ Pension Plan, providing quota share support to three syndicates: CFC Syndicate 1988, Beazley’s Syndicate 5623 and Beat’s Syndicate 1416.

The new protected cell set up through London Bridge (LBR PCC) will be supporting some 2021 underwriting, which will expand in 2022 and is anticipated to grow beyond the £100mn in time.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

Ontario Teachers Pension PlanILS managersNewsILS investors
fiona robertson/fiona robertson ii ils.png
Fiona Robertson
Editor-in-Chief
Contact
Gift this article