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.
Lloyd’s names Diana Santin General Representative for Italy
18th June 2024
Lloyd’s Europe has announced the appointment of Diana Santin as the new General Representative for Italy, pending regulatory approval. According to the announcement, Nicoletta Andreotti, who has been serving as General Representative ad interim, will stay in the role until regulatory approval has been obtained for Santin. In addition to her new ... Read the full article
Lloyd’s approves Devonshire Underwriting to write business in Europe
11th June 2024
Devonshire UW Limited, and its affiliate Devonshire UW Europe GmbH, together known as Devonshire Underwriting, has received Lloyd’s approval to launch into the European Market. Devonshire Underwriting, a managing general agent (MGA) specialising in underwriting transactional risk (TR) solutions, is now able to write business in Europe, serving the market that ... Read the full article
Lloyd’s new Miami office to strengthen Latin America and Caribbean business
5th June 2024
Global re/insurance marketplace, Lloyd’s has announced the opening of a new office in Miami, a move that is designed to strengthen its Latin America and Caribbean business. The new office, which will open from 1 September 2024, will enable Lloyd’s to realign its resources to centrally support brokers, coverholders and managing ... Read the full article
IGI to commence trading at Lloyd’s
8th May 2024
International General Insurance Holdings Ltd. (IGI), the global specialty risks commercial insurer and reinsurer, has announced that it will commence trading at the specialist Lloyd’s re/insurance marketplace for the first time from May 9th, 2024. IGI will trade across multiple business lines, with underwriting teams operating rotationally. The firm will be ... Read the full article
Agile Syndicate 2427 gets permission to underwrite from Lloyd’s
1st May 2024
Agile Underwriting Services has received ‘Permission to Underwrite’ from Lloyd’s for its Agile Underwriting Services Syndicate 2427 (AUS 2427), the final regulatory approval required to commence its underwriting business. The new syndicate will reportedly commence underwriting in May, supporting Agile’s broker and MGA partners through traditional underwriting and with its digital ... Read the full article
Africa Specialty Risks launches Syndicate 2454, first at Lloyd’s with an Africa focus
29th April 2024
Africa Specialty Risks (ASR), the pan-African-focused reinsurance group, has announced the launch of ASR Syndicate 2454 at Lloyd’s, which will be the first in that market to have an African focus on the business it underwrites. ASR Syndicate 2454 will underwriting business across Africa and will have a planned gross premium ... Read the full article
Maksure Risk Solutions becomes a Lloyd’s registered broker
23rd April 2024
The specialist Lloyd’s insurance and reinsurance marketplace has granted Maksure Risk Solutions, an Afro-Global independent specialist re/insurance broker, Broker Status. As a Lloyd’s broker, Maksure now has direct access to a unique pool of underwriting expertise and capacity in the Lloyd's global marketplace. Commenting on the approval, Simba Makwembere; Managing Director at ... Read the full article
Exceptional Lloyd’s 2023 results demonstrate resilience of the market: ICMR, LMA
15th April 2024
Lloyd's exceptional 2023 results demonstrate the resilience of the market as we heads into uncertain times, according to a joint report from the Lloyd’s Market Association (LMA) and Insurance Capital Markets Research (ICMR). If you recall, in late March, the global insurance and reinsurance marketplace posted a solid set of ... Read the full article
MGA Rokstone acquires box at Lloyd’s
15th April 2024
Speciality re/insurance MGA Rokstone, which is part of the Aventum Group, has acquired a box at Lloyd’s in a three-year deal. Rokstone has reportedly taken box 335, located on gallery 3, and will be trading live from the 15th of April 2024, operated by underwriting teams across its property, marine, aviation, ... Read the full article
Dawn Miller named CCO of Lloyd’s and CEO of Americas
11th April 2024
Dawn Miller has been appointed Chief Commercial Officer (CCO) of Lloyd’s and Chief Executive Officer (CEO) of Lloyd’s Americas. Marc Lipman has been appointed President of Lloyd's Americas taking over the role from Hank Watkins, who will be leaving Lloyd’s at the end of the year. In her expanded role as ... Read the full article
Lloyd’s hires AXA XL’s Abbassi-Antoine as new General Representative for France
3rd April 2024
Lloyd’s has appointed Malik Abbassi-Antoine as its General Representative for France and Monaco, and as its Country Manager for France, Luxembourg and Monaco, following the retirement of Guy-Antoine de La Rochefoucauld. Abbassi-Antoine has also been appointed Western Europe Regional Manager, one of 4 sub-regions of Lloyd’s Europe, which includes France, Monaco, ... Read the full article
The Fidelis Partnership to lead new Lloyd’s Syndicate 3123
28th March 2024
The Fidelis Partnership, formerly known as Fidelis MGU, has confirmed that Lloyd’s has granted “in principle” approval for the launch of Syndicate 3123 in collaboration with Fidelis Insurance Holdings Limited (Fidelis Insurance Group), a global specialty insurer, and Hampden Agencies, the largest provider of private capital to Lloyd’s. At the ... Read the full article
Baltimore bridge an opportunity for us to show the value of insurance: Lloyd’s CEO
28th March 2024
John Neal, Chief Executive Officer (CEO) of the specialist Lloyd's insurance and reinsurance marketplace, said this afternoon that the Baltimore bridge event provides an opportunity for the industry to show the value of insurance. "I've been saying in different conversations this morning that actually the good news there is we are ... Read the full article
Blueprint Two phase one digital services cutover pushed back three months
28th March 2024
Velonetic has revealed that the market cutover to Blueprint Two phase one digital services will move from July 2024 to a target date of October 2024, a decision driven by feedback shared by market participants and their respective market associations. If you recall, back in December of 2023, after a ... Read the full article
Lloyd’s and BMA spark initiative to drive innovation and education access
14th March 2024
The Lloyd’s insurance and reinsurance market and the Bermuda Monetary Authority (BMA) have committed to developing an initiative that will reportedly drive closer collaboration and alignment on sharing risk expertise between the two major (re)insurance hubs. Lloyd's stated that the focus of this initiative will be on fostering innovation through the ... Read the full article
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