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.
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
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
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
Chaucer and Ceto partner to launch new marine MGA
24th March 2026
Global specialty re/insurance group Chaucer, and Ceto AI, a technology company specialising in predictive analytics for the maritime industry, have launched a new marine managing general agent (MGA), operating as a Lloyd’s coverholder. Under the agreement, Ceto is authorised to bind marine hull on behalf of Chaucer’s Lloyd’s syndicate, with additional ... 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
Lloyd’s delivers 10% profit increase as 2025 GWP hits £57.9bn
19th March 2026
Lloyd's, the specialist insurance and reinsurance marketplace, generated profit after tax of £10.6 billion in 2025, an increase of $1 billion on the prior year, as gross written premium (GWP) rose by 4.2% year-on-year to £57.9 billion, reflecting new participation in the market and continued expansion by existing syndicates. The world's ... Read the full article
Lloyd’s reported to have applied to set up in India’s GIFT City
18th March 2026
The specialist Lloyd’s insurance and reinsurance marketplace has reportedly applied to set up operations at Gujarat International Finance Tec-City (GIFT City), India’s first operational greenfield smart city, according to The Hindu Business Line. Officials from the International Financial Services Centres Authority (IFSCA) of India told the publication that Lloyd’s has applied ... 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
Fidelis entered into long-term, portfolio-wide partnership with OAK Global at Jan 1
10th March 2026
Fidelis Insurance Group completed an investment in Oak Global late last year, and the company confirmed on its recent Q4'25 earnings call that it initiated a portfolio-wide partnership with the Lloyd's reinsurer at the January 1st, 2026, renewals. In September 2025, OAK Re announced the rebranding of its group identity ... Read the full article
Hiscox 2025 forecasts show solid returns for Lloyd’s Syndicates
3rd March 2026
Hiscox has released the latest results and estimates for its flagship Lloyd’s syndicates, forecasting a return of 3.5% to 13.5% for Syndicate 33 and a significantly higher 23.2% to 33.2% for Syndicate 6104 for the 2025 year of account. The optimistic outlook for the 2025 year of account is complemented by ... Read the full article
Lloyd’s insurers navigate fundamental shift in climate transition assumptions: LMA & KPMG
3rd March 2026
A fundamental shift in global transition assumptions is forcing insurers to reassess how they underwrite both physical climate and evolving transition risks to remain relevant and competitive, according to the latest Underwriting the Transition report from the Lloyd’s Market Association (LMA) and KPMG. The second edition of the report has revealed ... Read the full article
ICMR predicts Lloyd’s CoR below 90% for 2025
23rd February 2026
Based on reported results to date from 17 of the 27 RISX index constituents, Insurance Capital Markets Research (ICMR) has projected that the Lloyd’s market will post a combined ratio of below 90% in its forthcoming 2025 results. In a new report, ICMR described the anticipated underwriting outcome as “exceptional”, adding ... Read the full article
Lloyd’s promotes Emma Loynes to CEO of APMEA
13th February 2026
Emma Loynes has been promoted to the role of Chief Executive Officer (CEO) of Asia-Pacific, Middle East and Africa (APMEA) at the specialist Lloyd's insurance and reinsurance marketplace, succeeding Chris Mackinnon. Loynes joined Lloyd's, the world's oldest re/insurance market, in 2018 as Senior Manager Market Oversight and Delivery, taking on the ... Read the full article
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