Press Release

LONDON, July 18th 2017 – Syndicate Research Limited today amended the review status of the B+^ (Above Average) Continuity Opinion of Novae syndicate 2007 from “under review for possible downgrade” to “under review direction uncertain” following the announcement that Axis Capital Holdings is due to acquire Novae Group plc in Q4 2017, subject to regulatory approval, and that syndicate 2007 and Axis syndicate 1686 would then be merged.


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Syndicate Research Limited (SRL) provides in-depth research on all trading syndicates operating in the Lloyd’s of London insurance market.

Syndicate Continuity Opinions (SCOs) have been assigned to active syndicates representing 74% of the market’s capacity, with quantitative Scorecard Indicators assigned to syndicates representing 92% of the market’s capacity.

With a combined experience of the Lloyd’s market of over 50 years, our team produces research which is used by clients the world over.

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