ProAssurance Corporation to extend US$200m underwriting capital

to Dale Underwriting Partners Syndicate 1729

London, 25 May 2017: Dale Underwriting Partners, managed by leading Lloyd’s third party

managing agency Asta, is delighted to announce that its key capital provider, ProAssurance

Corporation has extended its commitment of US$200m of underwriting capital to Syndicate

1729, through to the 2022 year of account.

Duncan Dale chief executive, Dale Underwriting Partners, said: "ProAssurance has been

keen from the outset to demonstrate a long-term commitment to the syndicate and this

commitment of capital does this in the most tangible way. This is a fantastic endorsement of

what the team has achieved so far and of ProAssurance's positive view of our future

prospects."

ProAssurance chairman and chief executive officer, Stancil Starnes, said: “Our decision to

extend our capital commitment to Syndicate 1729 underscores our confidence in Duncan

Dale and the team at Dale Underwriting Partners. The syndicate has proven its ability to

grow prudently in a challenging market, building their book while demonstrating the

underwriting and pricing discipline that is required to ensure long-term success.”

-Ends- Press enquiries: Damian Beeley/ Sam Whiteley +44 (0)207 562 4444 Damian.Beeley@haggie.co.uk Samantha.whiteley@haggie.co.uk Note to Editors: About Dale Underwriting Partners Dale Underwriting Partners is an independent, owner-managed, Lloyd’s syndicate with market leading underwriting, claims and operational expertise. Led by Duncan Dale and a team of highly experienced Lloyd’s underwriters, Syndicate 1729 focuses on; property reinsurance, property insurance and casualty and has a stamp capacity of £100m.

About Asta

Asta Capital Limited is the parent company of:

§ Asta Insurance Markets Ltd § Asta Managing Agency Ltd § Asta Insurance Services Ltd § Asta Management Services Ltd § Asta Underwriting Management Ltd

Asta Managing Agency Ltd is the leading third party managing agent at Lloyd’s and is responsible for nine syndicates with capacity under management in 2017 of approximately UK£1bn:

Syndicate 1686 (Axis) Syndicate 1729 (Dale Underwriting Partners) Syndicate 1897 (Skuld), SPA 6126 Syndicate 2357 (Nephila) Syndicate 2525 (DL Dale & Others) Syndicate 2689 (Verto) Syndicate 2786 (Everest) Syndicate 4242 (ICAT), SPA 6123 (ICAT) Syndicate 5886 (Blenheim)

MGAs

Asta Underwriting Management Limited (AUML) launched in 2015, making the skills, experience and capabilities behind Asta’s success as the leading third party managing agency at Lloyd’s available, for the first time, to the MGA market.

MGAs under management:

- Pelican Underwriting Management - OverArk Limited - Arma Underwriting Limited

About ProAssurance ProAssurance Corporation is an industry-leading specialty insurer with extensive expertise in

healthcare professional liability, products liability for medical technology and life sciences,

legal professional liability, and workers’ compensation insurance. The company is

recognized as one of the top performing insurance companies in America by virtue of our

inclusion in the Ward’s 50 for the past ten years. ProAssurance Group is rated “A+”

(Superior) by A.M. Best; ProAssurance and its operating subsidiaries are rated “A” (Strong)

by Fitch Ratings. For the latest on ProAssurance and its industry-leading suite of products

and services, cutting edge risk management and practice enhancement programs, follow

@ProAssurance on Twitter or LinkedIn. ProAssurance’s YouTube channel regularly

presents thought provoking, insightful videos that communicate effective practice

management, patient safety and risk management strategies.