U.K.-based Polo Managing Agency Ltd. has launched three new Lloyd’s syndicates, all of which began underwriting on Jan. 1, Reinsurance News reported. Atradius Syndicate 1864 focuses on trade credit risks for financial institutions and lenders in Europe, Aurora Syndicate 1890 reinsures business underwritten by Germany-based Allianz SE, while OAK Enterprise Syndicate 1440 underwrites property and specialty retrocession business.
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