Reinsurance News

Lloyd’s 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.

News on syndicates operations, company formations and corporate members in the Lloyd’s marketplace.

LMA adds several new members to its Chief Underwriting Officers’ Committee

31st July 2026

The Lloyd’s Market Association (LMA), the body representing the interests of managing agents and Lloyd’s brokers, has added new members to its Chief Underwriting Officers’ Committee (CUOC), the senior underwriting committee representing the Lloyd’s market. The new members have been selected following a rigorous process led by the LMA Nominations and ... Read the full article

Lloyd’s governance overhaul accelerates after investigation finds former CEO’s conduct fell below leadership standards

22nd July 2026

The Council of Lloyd’s has concluded that former chief executive John Neal’s conduct fell “significantly below” the standards expected of Lloyd’s senior leaders, following an investigation that also identified failures in the Corporation’s governance and whistleblowing processes, while market leaders said the focus now shifts to restoring confidence and embedding ... Read the full article

Julie Dubuisson to lead expansion of Lloyd’s Europe as Country Manager Benelux

13th July 2026

Julie Dubuisson has been appointed as the Country Manager for the Benelux region at Lloyd’s Europe, effective July 15th, 2026. In her new role, Dubuisson is responsible for representing and developing the Lloyd’s market across Belgium, Luxembourg, and the Netherlands. She is based in Luxembourg, and will work closely with brokers, insurers, ... Read the full article

Nebula MGA gains Lloyd’s coverholder status

10th July 2026

Nebula MGA, a managing general agent headquartered in Miami, has been officially designated as a Lloyd’s Coverholder. This important milestone highlights the MGA's ongoing expansion, operational capabilities, underwriting discipline, and commitment to delivering innovative, specialised insurance solutions on a global scale. Since its establishment in 2021, by Raúl Pérez and Alejandro Rebolledo, ... Read the full article

Antares backs affirmative cyber war cover for US essential-services providers

3rd July 2026

Antares’ Lloyd’s Syndicate 1274 is backing a new affirmative cyber war cover for US critical infrastructure and essential services providers. These include operators of power, water, gas and electricity infrastructure, which have a clear and demonstrable need for protection against hostile state and state-backed action. Developed in conjunction with Canopius and approved ... Read the full article

Accelerant expands Lloyd’s partnership with launch of ARX Consortium

2nd July 2026

Accelerant, a data-driven risk exchange platform for the specialty insurance market, has expanded its partnership with Lloyd's of London through the launch of the ARX Consortium, reportedly backed by seven highly respected syndicates. Accelerant said the launch of the ARX Consortium enables the Accelerant Risk Exchange to support a diversified specialty ... Read the full article

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

Convex receives in principle approval to launch long-tail specialty lines focused syndicate at Lloyd’s

28th May 2026

Convex Group Limited, the international specialty insurer and reinsurer, has received in principle approval to launch Lloyd’s Syndicate 1987, which is planned to commence underwriting on 1st July 2026, subject to regulatory approvals. With capacity to support Convex’s approved business plan, Syndicate 1987 will focus exclusively on long-tail specialty lines, deploying ... 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

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

MS Amlin launches new sub-syndicate to help expand Portfolio Solutions division

21st April 2026

Lloyd’s global specialist re/insurer MS Amlin has launched a new sub-syndicate, s1673, to target growth opportunities and provide greater flexibility and capacity for brokers. Named after the year the Mitsui enterprise was founded in Tokyo, MS Amlin explained that s1673 is "inextricably linked" to its Lloyd’s Syndicate 2001, supported by the ... Read the full article

AI adoption & governance accelerate across Lloyd’s market: LMA

17th April 2026

The Lloyd’s Market Association (LMA), in collaboration with Barnett Waddingham and the LMA Risk Next Generation Committee, has published a survey finding that artificial intelligence (AI) is now used across much of the Lloyd’s market, with 93% of firms having or developing formal AI frameworks to support adoption. The survey is ... Read the full article

Aon expects market dynamics to accelerate legacy activity at Lloyd’s

15th April 2026

Despite reduced legacy deal activity in 2024 and 2025 amid relatively benign catastrophe activity and the strong performance of the broader re/insurance market, broking group Aon expects activity to accelerate at the specialist Lloyd's marketplace as capital allocation becomes more disciplined. Insurance and reinsurance broker Aon's April 2026 Lloyd's Legacy Report ... 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