Antares Managing Agency Ltd is pleased to announce that Antares Syndicate 1274’s 2023 business plan has received formal approval from the Lloyd’s Capital and Planning Group.

Syndicate 1274’s Syndicate Business Forecast includes a 16% increase in stamp capacity for 2023 from £310mn to £360mn. The increase reflects the current market environment, in particular the strengthening of the US dollar, growth in profitable classes and exposure-rated inflation.

Syndicate 1274 is managed by Antares Managing Agency Ltd – re/insurance subsidiary in the Lloyd’s market.