Syndicate Underwriters: Richard Trubshaw and Aidan Kong
2010 account capacity: £33.7 million
Syndicate 6103 was established by Managing Agency Partners for the 2007 account as a "special purpose" syndicate to write a quota share contract of the US catastrophe reinsurance account of MAP's Syndicate 2791. This was the first Lloyd's sidecar capitalised in Lloyd's, and it is intended to continue trading only for as long as market conditions merit. For 2010 it has a capacity of £33.7 million.
Support for Syndicate 6103 has been provided by third party capital on a limited tenancy basis, with £470,343 committed by the underwriters and other members of MAP.
Syndicate 6103 Report and Accounts
Capacity Breakdown
- Capital provided via Hampden Private Capital Ltd £22.4 million
- Capital provided via Argenta Private Capital Ltd £5.5 million
- Capital provided via Alpha Insurance Analysts Ltd £4.6million
- Other Corporate members £1.2 million