Reinsurance News
Lloyd’s of London news
Lloyd’s of London insurance and reinsurance market news, covering the happenings at the world’s oldest reinsurance market housed in the iconic Lloyd’s building in the City of London.
Strong 2025 Lloyd’s syndicate results mask wide performance dispersion at individual level
23rd April 2026
Syndicate Research Limited (SRL) has reported that the weighted average result as a percentage of Net Premium Earned (NPE), excluding Funds in Syndicate (FIS) investment returns, for Lloyd’s of London syndicates trading in 2025 was an above-average 18.8%. The 2025 figure represents an improvement on 2024’s 18%, and compares favourably with ... Read the full article
BMA and Lloyd’s introduce streamlined Market Entry pathway for insurance innovation
23rd April 2026
The Bermuda Monetary Authority (BMA), the regulator responsible for Bermuda’s financial services sector including insurance supervision, has introduced a new Market Entry & Innovation Pathway intended to support firms with established solutions in progressing more efficiently into the Bermuda market. The initiative was formally presented on 10 April 2026 at the ... Read the full article
Lloyd’s delivers strong results despite softer pricing: Fitch
21st April 2026
Fitch concludes that the Lloyd’s market's disciplined approach to underwriting, reserving, and investment management leaves it well placed to navigate a softer pricing cycle over the next two years. The global credit rating agency highlights that Lloyd’s continues to hold a very strong capital position and expects its credit profile to ... Read the full article
Lloyd’s shifts to more competitive, capital-driven market, says Howden Re
21st April 2026
Howden Re, the reinsurance broker, has published a new syndicate analysis of the Lloyd’s of London market, pointing to a transition toward a more competitive and capital-rich environment where underwriting discipline and capital deployment are becoming the key drivers of performance. In its latest report, Howden Re says capacity continues to ... Read the full article
Ki expands digital follow capacity with TMK partnership
20th April 2026
Ki, the digital and algorithmically driven Lloyd’s follow platform, has entered into a strategic partnership with specialist insurer Tokio Marine Kiln (TMK) to expand capacity. This makes TMK its fifth capacity partner, who will leverage Ki’s technology to offer a focused allocation of digital follow capacity across select classes. This move allows ... Read the full article
Eirion Risk Underwriters launches Construction Professional Liability program
17th April 2026
Eirion Risk Underwriters has announced the launch of its Construction Professional Liability (CPL) program, designed to cover professional risks for contractors and construction project stakeholders. The program offers a suite of coverages including Annual Contractors Professional and Pollution Liability (CPPL), Project-Specific CPPL, and Owner’s Protective Professional Indemnity (OPPI). With A+ XV-rated capacity, ... Read the full article
Beazley plans new Marine War insurance consortium to expand market capacity
16th April 2026
Beazley, a large specialist insurer, has announced plans to establish a new Marine War insurance consortium aimed at increasing available coverage within the market. The initiative is expected to provide up to $1 billion in Lloyd’s capacity, split evenly between Hull War and Cargo War risks. This offering is intended to ... Read the full article
The Fidelis Partnership and Pine Walk introduce new London hub at Grace Hall
15th April 2026
The Fidelis Partnership (TFP), a specialty insurance and reinsurance group, together with Pine Walk, its managing general agent (MGA) platform, has opened a new office at Grace Hall in London. Grace Hall is a Grade II listed building on Leadenhall Street in the City of London, originally established in 1927 as ... Read the full article
ICMR estimates Lloyd’s valuation above $100bn in 2026 Syndicate Statistics report
14th April 2026
Insurance Capital Markets Research (ICMR), a specialist firm providing data and analytical insight on the Lloyd’s market, has published its 2026 edition of Syndicate Statistics, presenting a comprehensive review of recent performance and structural trends. Within the report, ICMR estimates that Lloyd’s would command a notional market capitalisation in excess of ... Read the full article
Banyan Risk secures Coverholder Status at Lloyd’s
2nd April 2026
Banyan Risk Services Ltd., a subsidiary of Bermuda-based specialty insurance managing general agent (MGA) Banyan Risk Ltd., has secured Coverholder Status at Lloyd's. Through this partnership, the company gains unparalleled access to the extensive capacity of the Lloyd’s market, via SiriusPoint's Syndicate 1945, which will be complemented by the domestic insurers ... Read the full article
Optio strengthens marine capabilities with Gardian Marine acquisition
31st March 2026
Optio Group, the independent specialty MGA, has reached an agreement to acquire Gardian Marine Limited for an undisclosed amount, pending regulatory approval. Gardian Marine, headquartered in London and founded by Guy Tyler and Edward Morgan, provides specialist cover across marine builders’ risks, ship repairers’ liability, voyage and towage, along with a ... Read the full article
Converge gets additional cyber insurance capacity from Lloyd’s
30th March 2026
Converge, a company specialising in cyber risk management and underwriting, has secured additional underwriting capacity from Lloyd's, the world's oldest insurance and reinsurance marketplace, for companies with annual revenues up to $5 billion. Simultaneously, existing capacity partner, Obsidian Insurance Group, has increased its capacity threshold from $1 billion to $5 billion ... Read the full article
DUAL UK introduces Credit Risk Insurance solution to sustain cross-border transactions
25th March 2026
DUAL UK, the underwriting arm of Howden Group Holdings, has launched a new Credit Risk Insurance (CRI) solution aimed at helping clients manage the challenges associated with cross-border trade and investment. As a specialist managing general agent within the insurance market, DUAL UK provides underwriting expertise across a range of products. ... Read the full article
Readhunt gains Lloyd’s of London Broker registration
25th March 2026
Readhunt, an independent insurance broker providing UK businesses with sector-specific expertise and tailored cover, has received Lloyd’s of London Broker registration. The accreditation broadens the firm’s ability to offer customised insurance solutions across multiple sectors, marking an important point in its strategic development. The registration allows Readhunt to access Lloyd’s syndicates directly, ... Read the full article
Niyam receives Lloyd’s approval for Syndicate 2047, appoints Chairman
25th March 2026
Newly launched Niyam Group has announced that it has received approval from Lloyd’s of London for Syndicate 2047 and granted permission to underwrite, alongside the appointment of Devesh Srivastava as Chairman of the Group. Established at the beginning of 2026, Niyam is focused on building a reinsurance platform that connects ... Read the full article
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