Nephila’s Syndicate 2358 to be funded via London Bridge Risk
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Nephila’s Syndicate 2358 to be funded via London Bridge Risk

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Nephila Capital’s new Lloyd’s Syndicate 2358, which focuses on short-to-medium-term business lines, is to be funded through UK-based protected cell company London Bridge Risk.

The latest London Bridge transaction provides reinsurance capital from a range of investors, including four pension funds, to support underwriting for the new non-catastrophe syndicate managed by Nephila, according to a Lloyd’s statement.

Separately,

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