Syndicate 1686 to handle specialist classes

Lloyd's building

Axis Capital has regulatory permission to launch a $180m Lloyd’s syndicate.

Axis Syndicate 1686 will start writing business from 1 January 2014 and will be managed by Asta Managing Agency on a turnkey basis.

The syndicate will write specialist classes including marine, aviation, energy, terrorism, property, casualty and professional indemnity.