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.
Asteria to grow digital infrastructure for aviation asset and loss information with new Lloyd’s investment
14th October 2026
Asterias, a digital insurance software and data capture platform for aviation asset and loss management, has secured a strategic investment from Lloyd's of London, a global insurance and reinsurance marketplace, aimed to advance its digital infrastructure. The investment follows earlier backing from Insurtech Gateway and a group of industry investors. The ... Read the full article
Elisabeth Groehe joins OAK Global to lead new OAK Partnerships unit
9th October 2026
OAK Global, which underwrites through two dedicated syndicates at Lloyd’s, has received approval to launch OAK Partnerships, a new strategic business unit providing multi-class expertise and capacity for portfolios of insurance risk to leading underwriting partners. According to OAK Global, capacity will be provided by OAK Syndicate 1440, with risks incepting ... Read the full article
LMA and IUA establish new group focused on healthcare claims
8th October 2026
The Lloyd’s Market Association (LMA), which represents managing agents in the Lloyd’s market, and the International Underwriting Association (IUA), representing insurers operating in London’s company market, have established a new group focused on healthcare claims. The Joint Healthcare Claims Group brings together claims professionals from across the Lloyd’s and company markets, ... Read the full article
Athena Re gets approved as Lloyd’s Coverholder
8th October 2026
London-domiciled specialist insurance and reinsurance managing general agent (MGA), Athena Re, has received approval to serve as a Lloyd’s Coverholder. The MGA explained that this marks a significant milestone, aligning with its long-term growth plan to bring highly rated global insurance capacity closer to high-growth emerging markets. As a Lloyd’s Coverholder, Athena ... Read the full article
Markel International raises London Fine Art & Specie capacity to $250m
6th October 2026
Markel Insurance, the insurance operation within Markel Group Inc., has raised its London Fine Art & Specie capacity from USD 100 million to USD 250 million through Lloyd’s of London to accommodate rising demand. The insurer explained that this increased capacity aims to give Lloyd’s brokers access to higher limits through ... Read the full article
AdA Underwriters gains approval to establish Lloyd’s managing agency
29th September 2026
AdA Underwriters Limited, a specialist insurance underwriting business operating in the specialist Lloyd’s re/insurance market, has secured regulatory approval to establish its own managing agency. The approval has been granted by the Prudential Regulation Authority (PRA), the Financial Conduct Authority (FCA) and Lloyd’s, with AdA expecting the new structure to take ... Read the full article
Delegated underwriting reshapes global insurance markets, Moody’s finds
9th September 2026
Moody's Ratings, the credit rating agency, has published a report examining the rapid growth of delegated underwriting across global insurance markets and its implications for insurers' business models, profitability and competitive positioning. According to Moody's, delegated underwriters such as managing general agents (MGAs), Lloyd's cover holders and broker facilities are playing ... Read the full article
Cedar Trace obtains in-principle approval from Lloyd’s for new $300m syndicate
6th September 2026
Following in-principle approval from the Lloyd’s Council, Cedar Trace Underwriting has entered the Lloyd’s market with a new $300m syndicate for the 2027 underwriting year, to be led by CUO Richard Holden. According to the firm, the syndicate will write a diversified reinsurance portfolio alongside a delegated direct insurance portfolio, marking ... Read the full article
Middle East conflict is not currently expected to be a capital event, says Lloyd’s Tiernan
4th September 2026
Lloyd’s, the global insurance and reinsurance marketplace, does not currently expect the continuing conflict in the Middle East to become a capital event for the market or have a material effect on its profit and loss, according to Chief Executive Patrick Tiernan. In a statement accompanying Lloyd’s first-half 2026 results, Tiernan ... Read the full article
Tiernan calls for innovation to become Lloyd’s ‘natural operating rhythm’
3rd September 2026
In a statement accompanying Lloyd’s H1 2026 results, Chief Executive Patrick Tiernan suggested that addressing challenges such as the protection and perception gaps will require the full power of the Lloyd’s market to be harnessed to manage risks that others cannot, moving beyond isolated innovations in products, capital or structures ... Read the full article
Lloyd’s reports solid H1’26 results as GWP rise 7% amid softening rates
3rd September 2026
Specialist insurance and reinsurance marketplace Lloyd’s has recorded a 6.9% rise in gross written premium (GWP) to £34.7 billion for the first half of 2026, up from £32.5 billion in H1’25, driven by strong volume growth of 15.8% from new and existing syndicates, despite a more competitive pricing environment. For the ... Read the full article
Lloyd’s reinsurance pricing softens, but AM Best sees adequate rates through 2026
2nd September 2026
The Lloyd’s reinsurance segment is facing intensifying softening pressures in 2026, particularly across property catastrophe business, although rates have declined from a very strong peak and are still expected to remain adequate, according to AM Best. Reinsurance is Lloyd’s largest segment, reportedly accounting for around one-third of the market’s gross written ... Read the full article
Hiscox announces current return estimates for Syndicates 33 and 6104
14th August 2026
Bermuda-headquartered international specialist insurer Hiscox has released current estimates for the 2024 and 2025 accounts of Syndicate 33 and Syndicate 6104. For the 2024 year of account, Hiscox has raised its estimates for Syndicate 33, which is now expected to generate a return of 6.1% to 16.1% on its capacity of ... Read the full article
Rokstone expands Athena Cyber proposition with supply chain cover
12th August 2026
Rokstone, the international specialty re/insurance MGA, has expanded its Athena Cyber proposition with a new extension designed to provide cover for supply chain disruption caused by cyber incidents involving an insured’s customers or suppliers. The new extension, supported by $10 million of A-rated Lloyd’s capacity, is intended to address losses that ... Read the full article
Arch Insurance International appoints Barrett as Deputy Active Underwriter, Lloyd’s Syndicate 2012
6th August 2026
Arch Insurance International, part of Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has appointed James Barrett as Deputy Active Underwriter for Lloyd’s Syndicate 2012, effective immediately. In his new role, Barrett deputises for James Croome, Active Underwriter, in leading all activities relating to Syndicate 2012. He ... Read the full article
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