Middle East: Trust Re-Lloyd's syndicate partnership

Trust Insurance Management, a subsidiary of Trust Re can now accept insurance and reinsurance business as Lloyd's coverholder.

This facility enables it to underwrite in more than 200 countries where Lloyd's operates. Trust Insurance Management will benefit from the rating attributed to Lloyd's that is, A + by S & P, A by AM Best and AA- by Fitch.

Meanwhile, the Bahraini reinsurer has signed a partnership agreement with Novae Syndicate 2007.
This agreement covers risks related to property damage, energy, third party liability and political violence.