Atrium Syndicate 609 inks LPT agreement with Enstar Group’s Lloyd’s syndicate
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Atrium Syndicate 609 inks LPT agreement with Enstar Group’s Lloyd’s syndicate

Syndicate 609 will cede net loss reserves of approximately $196mn.

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Enstar Group’s Lloyd’s syndicate, Syndicate 2008, has agreed a ground-up loss portfolio transfer (LPT) with Atrium Syndicate 609.

The transaction involves Syndicate 609’s discontinued portfolios, comprising marine treaty reinsurance, property treaty reinsurance and US contractor’s general liability.

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