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.

Tokio Marine GX and Northcourt launch NC Fusion, Lloyd’s first insurance facility for nuclear fusion projects

29th October 2025

Tokio Marine GX (TMGX) and specialist MGA Northcourt, part of the Optio Group, have introduced NC Fusion, the first insurance facility within the Lloyd’s market designed specifically for nuclear fusion technology. The initiative establishes a clear insurance framework and capacity to support both the continued development and eventual commercialisation of fusion ... Read the full article

Syndicate Research assigns Continuity Opinions to several Lloyd’s syndicates

27th October 2025

Syndicate Research Limited (SRL) has announced that it has assigned its Continuity Opinions (SCOs) to a group of major Lloyd’s syndicates. SRL’s Continuity Opinions are forward-looking assessments of an individual Lloyd's syndicate's relative potential continuity prospects for policyholders over the insurance cycle, taking into account factors like cross-cycle returns on capital ... Read the full article

£86m traded in first 2025 Lloyd’s capacity auction, highest activity in a decade

24th October 2025

Trading in the first of Lloyd’s three 2025 capacity auctions reached £86 million, marking the most active opening auction in a decade, with capacity changing hands across 21 syndicates. According to data from Argenta, there were £32.7 million of subscriptions (offers to buy) against £35.2 million of tenders (offers to sell), ... Read the full article

Re/insurance industry must capitalise on huge data centre opportunity: Turk, Lloyd’s

17th October 2025

Data centres offer re/insurers a massive opportunity due to their scale, but they also carry significant risks, and if the industry cannot quickly provide solutions that meet the needs of technology giants, these risks could move into captives, said Rachel Turk, Chief Underwriting Officer at Lloyd’s, the specialist insurance and ... Read the full article

Fortegra secures box in Lloyd’s underwriting room

7th October 2025

Fortegra Group, a global specialty insurer and subsidiary of Tiptree Inc., has secured a box in the underwriting room at Lloyd’s. Fortegra will operate from Box 388 on the third gallery in the Lloyd's underwriting room, effective immediately. This marks a major milestone in the company’s strategic commitment to the London insurance ... Read the full article

MGA Helmsgate secures Lloyd’s Coverholder status, commences underwriting

6th October 2025

OneAdvent-managed MGA Helmsgate Limited has secured Lloyd’s Coverholder status and began underwriting in this capacity on 30 September 2025, with support from a Lloyd’s managing agent and Lloyd’s broker United Insurance Brokers Limited (UIBL). Helmsgate, which specialises in waste and recycling property insurance in Australia, New Zealand, and the UK, noted ... Read the full article

Lloyd’s to enhance oversight of legacy transactions

3rd October 2025

Lloyd’s, the specialist insurance and reinsurance marketplace headquartered in London, has introduced new oversight measures for legacy reinsurance transactions. These changes, effective from 2025, strengthen the pre-transaction review process to ensure that such deals are aligned with Lloyd’s standards of underwriting discipline, reserving practices, claims handling, capital management, conduct, investments, and ... Read the full article

Lloyd’s and Ireland’s Department for Finance partner to drive insurtech innovation

30th September 2025

Lloyd’s, the world’s oldest insurance and reinsurance market for global risk, and Ireland’s Department of Finance, have strategically partnered to foster insurtech innovation, strengthen market resilience, and promote Irish expertise globally. This collaboration will create a dedicated Irish-themed cohort within the Lloyd’s Lab Accelerator Programme in the first half of 2026. Established ... Read the full article

Helios reports H1’25 profit of £4.4m as strong Lloyd’s market performance continues

29th September 2025

Helios Underwriting has reported a profit before tax of £4.4 million for the first half of 2025, as the Lloyd’s market continues to deliver strong performance and the outlook for 2026 remains positive. The firm said reduced expenses and the impact of foreign exchange movements on debt revaluation drove its H1 ... Read the full article

Certa secures £157m Lloyd’s capacity for non-US primary tax risks

9th September 2025

Certa has announced an increase in its available Lloyd’s capacity for non-US primary tax risks, now reaching up to £157 million. Certa is an independent specialist underwriting agency and Lloyd's Coverholder providing tailored tax insurance solutions globally. This development allows the company to provide even more meaningful and material capacity to clients ... Read the full article

Ariel Re gets ‘in principle’ Lloyd’s approval to establish Syndicate 2006

9th September 2025

Global reinsurance business Ariel Re has been given ‘approval in principle’ from Lloyd’s to establish a new Syndicate, 2006. "Ariel Re was formed 20 years ago this year, the new syndicate number is in recognition of the fact that 2006 was the first year of business," the company said in a ... Read the full article

AM Best highlights importance of underwriting cycle management for Lloyd’s amid softening market conditions

5th September 2025

AM Best, the credit rating agency, reports that Lloyd’s reinsurance business has seen substantial growth in recent years, with a five-year compound average growth rate of 9 percent. Specialty reinsurance has been the fastest-growing segment, recording a five-year compound average growth rate of 11 percent. In 2024, Lloyd’s reinsurance premiums rose by ... Read the full article

Apollo receives Lloyd’s approval to establish ReShare Syndicate 1972

5th September 2025

Apollo, the technology-driven insurance platform, has received “in principle” approval from Lloyd’s Council to establish Apollo ReShare Syndicate 1972, which is expected to commence underwriting on 1st January 2026. The new syndicate will provide follow-only capacity on the outwards reinsurance programmes for Apollo-managed syndicates. It will be led by Paul Sandi, Head ... Read the full article

OAK Global launches retro syndicate at Lloyd’s

4th September 2025

Global reinsurance provider OAK Re has rebranded its group identity to OAK Global, and launched a strategic business unit, OAK Enterprise, to underwrite retrocession business with an appetite for property and specialty classes, which will also provide risk solutions to clients through Lloyd’s Syndicate 1440. The rebrand reflects the group's broader ... Read the full article

Lloyd’s posts 6% rise in GWP and profit of £4.2bn for H1’25

4th September 2025

Lloyd's, the specialist insurance and reinsurance marketplace, generated gross written premium (GWP) of £32.5 billion in the first half of 2025, while the underwriting result contracted to £1.5 billion as the Los Angeles, California wildfires pushed the combined ratio to 92.5%. Top-line growth of 6% year-on-year was driven by volume growth ... Read the full article