Apollo Syndicate Management has agreed an operational partnership with Jim Stanard and Rod Fox’s investment firm Pelican Ventures and private equity firm JC Flowers to support a property catastrophe focused Lloyd's SPA. The news comes on the same day the investment firms agreed to acquire Argo-owned reinsurance business Ariel Re.
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Apollo Syndicate Management, Pelican Ventures, JC Flowers, Partnership, Lloyd's, SPA 6133, London market, Ryan Mather, UK