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Berkley's Lloyd's syndicate to underwrite in China

Posted On: Dec. 8, 2015 12:00 AM CST

W.R. Berkley Corp. Tuesday announced that its Lloyd’s of London syndicate 1967 has established an underwriting division at Lloyd’s Insurance Co. (China) and will begin underwriting on the platform from Jan. 1.

“Access to high-quality (re) insurance is critical to economic growth in China, and the establishment of this new division at Lloyd’s China is testament to our commitment and enthusiasm for the region and the Lloyd’s platform,” Berkley Executive Chairman William R. Berkley said in a statement.

W.R. Berkley’s multiline syndicate 1967 was set up in 2009.