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.
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
‘Perfect time’ for climate-tech focus, says Dickson as OAK Global unveils new unit
24th March 2026
OAK Global is targeting the increasingly interconnected risks of climate and technology with the launch of OAK Horizon, a new underwriting unit designed to channel capital into emerging exposures, as CUO Tom Dickson points to a narrowing window to address rising volatility across sectors, including food security, energy and ... Read the full article
Alacrity Solutions establishes UK presence to support Lloyd’s-placed US risks
24th March 2026
Alacrity Solutions, a US-based insurance services firm specialising in complex and catastrophe-driven claims, has launched a UK presence from within the Lloyd’s of London building to support insurers and coverholders placing US risks through the London Market. With extensive experience handling a high volume of claims across all 50 US states, ... Read the full article
Lloyd’s unveils new strategy as market adapts to Blue Print Two sunset
19th March 2026
In a statement accompanying the firm's annual report, Patrick Tiernan, CEO of Lloyd’s, described the future of the market’s infrastructure as an ecosystem of intelligent solutions, built on common data standards and interoperability, with a new strategy designed to "raise the bar" and remove the friction that constrains performance. Fully detailed ... Read the full article
Blenheim’s Syndicate 5886 reports strong 2025 results with £72m profit and 80.9% CoR
16th March 2026
Blenheim Underwriting, a specialist managing general agent (MGA) and Lloyd’s coverholder, has announced a robust underwriting performance for Syndicate 5886 in the 2025 calendar year. Syndicate 5886 delivered a net combined ratio of 80.9%, representing a 3.8% year-on-year improvement. This strong underwriting performance generated a profit of £72 million, marking a 27% ... Read the full article
Sodalis Capital introduces Brecon Specialty to expand global cyber and technology E&O broking
10th March 2026
Sodalis Capital, an investment firm specialising in international insurance intermediaries, has announced the launch of Brecon Specialty Ltd. Headquartered in London, the new brokerage will provide specialist broking and risk advisory services to independent brokers across global markets, in addition to serving direct clients. Its core focus will be Cyber and ... Read the full article
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