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.
Lloyd’s unveils Chubb-led war risk insurance facility for vessels in Strait of Hormuz
19th June 2026
Lloyd’s has launched a new market consortium with Chubb as lead underwriter, supported by participating Lloyd’s syndicates and specialist partners, to provide additional marine war risk insurance capacity for vessels and cargo transiting the Strait of Hormuz. According to an official announcement from Lloyd's, the consortium brings together leading underwriting expertise ... Read the full article
Descartes Underwriting secures Lloyd’s coverholder status through agreement with OAK Global
16th June 2026
Descartes Underwriting, a global provider of parametric insurance solutions, and OAK Global, a specialist risk and underwriting partner, have announced that Descartes has been granted Coverholder status at Lloyd’s, the world's oldest insurance and reinsurance marketplace. Under a newly established binding authority agreement, Descartes Underwriting will write business through OAK Global’s ... Read the full article
BMS launches Lloyd’s Consortia & Delegated Authority team led by Richard Wynn
11th June 2026
BMS Group, an independent global insurance and reinsurance broker, has launched a new cross-team unit focused on the broking and servicing of Lloyd’s market consortia, led by Richard Wynn, as Managing Director of Delegated Authority & Consortia. The newly established unit will draw on BMS’s operational expertise in delegated authority structures ... Read the full article
Navium Marine and Overhaul introduce Helix Consortium for AI data server cargo cover
2nd June 2026
Navium Marine, a marine specialist managing general agent operating through The Fidelis Partnership’s (TFP) Pine Walk platform, has worked with Overhaul, a global provider of cargo risk management solutions, to develop an insurance offering focused on real-time monitoring of AI infrastructure cargo. The arrangement is supported within the Lloyd’s of London ... Read the full article
Santam Syndicate 1918 names Sam Geddes as CEO
1st June 2026
Santam Syndicate 1918, the Lloyd’s platform of Santam Group, which states that it is Africa’s largest non-life insurer, has announced the appointment of Sam Geddes as Chief Executive Officer, he will be based in London and report to Gareth Beaver, Chief Executive Officer of Santam Specialist Solutions. Santam Syndicate 1918 said ... Read the full article
Lloyd’s warns AI is amplifying evolving cyber risk vectors and uncertainty in coverage exposure
18th May 2026
In Lloyd’s Q2 Market Message, Rachel Turk, Chief of Performance & Strategy, warned that cyber risk vectors continue to evolve, with artificial intelligence adding a further layer of complexity and uncertainty, both through its use by threat actors and in raising emerging questions around potential coverage. Lloyd's has classified the cyber ... Read the full article
Hiscox leaves Lloyd’s Syndicate 33 forecasts unchanged, improves 6104 outlook
15th May 2026
Hiscox has left forecasts unchanged for its flagship Lloyd’s Syndicate 33 for the 2024 and 2025 years of account, while materially improving the 2024 outlook for Syndicate 6104, according to updated year-of-account estimates. The Bermuda-headquartered specialist insurer said the current estimate for Syndicate 33’s 2024 year of account remains unchanged at ... Read the full article
Antares Global introduces Scorpius MGA to strengthen specialist distribution strategy
11th May 2026
Antares Global, the international insurance and reinsurance group, has announced the launch of Scorpius MGA, a new platform created to support managing general agent (MGA) business through a combination of underwriting capacity, operational support and governance services. The business will be led by chief executive Ian Morris and has been introduced ... Read the full article
Howden Re names Tim Radford as Managing Director, Head of Lloyd’s Capital
8th May 2026
Howden Re, the reinsurance arm of global broking group Howden, has appointed Tim Radford as Managing Director, Head of Lloyd's Capital, a role which sits within the firm's Capital Solutions platform. The reinsurance broker states that this appointment strengthens its leadership across both Lloyd's market capital and investor engagement. In his role, ... Read the full article
Atrium appoints Naveed Haque as Head of Casualty Reinsurance
6th May 2026
Atrium, a specialty insurer at Lloyd’s, has announced the appointment of Naveed Haque as Head of Casualty Reinsurance. In this role at Atrium, he will be responsible for building and developing the company’s Casualty Reinsurance portfolio, with an emphasis on sustainable growth and disciplined underwriting performance within Atrium’s wider casualty offering. Haque ... Read the full article
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
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
