Nephila 2357 syndicate approved for 12.1% stamp capacity rise
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Nephila 2357 syndicate approved for 12.1% stamp capacity rise

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Stamp capacity at Nephila’s 2357 Lloyd’s syndicate will increase 12.1% next year to £471mn ($579mn). This demonstrates somewhat constrained growth compared to the Lloyd’s market average uplift of 20.4%, but puts the syndicate back on growth after dipping this year.

The average rise in stamp capacity reflects growth across 92 syndicates analysed as part of sister publication Insurance Insider’s annual stamp capacity survey.

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