The syndicate expects to start underwriting on 1 January 2027 and provide multi-year reinsurance capacity across eligible treaties arranged by the broker.
The measures call for greater underwriting capacity, broader cover for geopolitical and Arctic shipping risks, and wider use of the renminbi in insurance settlements.
Large multinational companies are increasingly considering standalone political violence cover while SRCC is commonly incorporated into property insurance in parts of Asia.
The company expects to start trading on 1 January 2027, subject to final regulatory approval, and expand access to specialty, facilities and selected MGA business.
The increase follows growing demand for committed capacity and marks the latest expansion of ACT, with facultative reinsurance emerging as a key area of growth.
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