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.
Octave Ventures’ Statera receives approval to act as a Lloyd’s Managing Agent
7th January 2026
Statera Managing Agency Limited, a subsidiary of Octave Ventures, has received regulatory approval to act as a Lloyd’s Managing Agent. Statera will now manage Syndicates 4242 and 1416, which currently underwrite specialty risks produced through their strategic relationship with Octave Ventures, a division of Octave Specialty Group, Inc. The Syndicates benefit from ... Read the full article
AdA Syndicate 2024 receives permission to underwrite from Lloyd’s for 2026 YOA
30th December 2025
AdA, a Lloyd’s and regional Marine & Specialty insurer, has announced that AdA Syndicate 2024 has received “permission to underwrite” from Lloyd’s for the 2026 year of account. AdA Underwriters was established in May 2023 by Natasha Jodrell, James Grainger and Paddy Riordan, with the ambition of setting up a specialty ... Read the full article
Gallagher Bassett notes shift in Lloyd’s claims management to “hurdle principle”
29th December 2025
The change of Lloyd’s claims management to a “hurdle principle” places the delivery of high-quality claims services among the key fundamental responsibilities of managing agents, positioning it alongside underwriting and governance as a strategic priority, Gallagher Bassett analysts highlight. Elevating claims management to a "hurdle principle" means that claims performance is ... Read the full article
Howden advises K2 on launch of Lloyd’s Syndicate 1954
24th December 2025
Howden Capital Markets & Advisory and Howden Capital Solutions will serve as financial advisors to MGA platform K2 Insurance Services as it launches Syndicate 1954 for the 2026 YOA, in partnership with Dale Underwriting Partners, the trading name of Dale Managing Agency Limited’s Lloyd’s Syndicate 1729. Last month, Dale Underwriting ... Read the full article
Amiga Specialty secures Lloyd’s capacity for Management Liability
23rd December 2025
Amiga Specialty, an independent international Managing General Agent (MGA), has secured new Lloyd’s capacity to support its Management Liability proposition for SME and mid-market businesses across the UK, Europe, and select rest-of-world markets. The Management Liability proposition strengthens the firm’s ability to deliver underwriting-led solutions across Directors’ & Officers’ and broader ... Read the full article
Al Wathba Insurance secures access to Lloyd’s of London
22nd December 2025
Al Wathba Insurance has become the first UAE-based insurer to secure access to the Lloyd’s of London market via the London Bridge 2 PCC structure. This strategic move, finalised through Cell 27 of the London Bridge 2 PCC, an insurance-linked securities (ILS) structure, marks a significant evolution in Al Wathba’s growth ... Read the full article
Atradius Syndicate 1864 receives final Lloyd’s approval to underwrite
16th December 2025
Global credit insurer Atradius has received final regulatory approval for its Lloyd's Syndicate 1864 to begin underwriting business from 1 January 2026. Syndicate 1864, which received Lloyd’s ‘in principle’ approval back in July, will focus on trade credit risks, starting with new and existing clients in Europe's financial sector. By using ... Read the full article
Allianz and Oaktree launch new reinsurance syndicate at Lloyd’s
8th December 2025
Global insurer Allianz has secured multi-year, AA-rated capacity via a partnership with Oaktree Capital Management L.P. which will see the investment manager establish a new reinsurance syndicate at the specialist Lloyd's insurance and reinsurance marketplace. Syndicate 1890 will commence underwriting from January 1st, 2026, and will participate as a multi-year partner ... Read the full article
Santam secures final approval to launch Syndicate 1918 at Lloyd’s
1st December 2025
Santam Group, a major South African insurance company, has been granted Lloyd’s final permission for its Santam Syndicate 1918 to underwrite for business beginning on or after January 1, 2026. The new Syndicate will introduce Santam’s established expertise and unique culture to the global specialty insurance market, focusing on Southern Africa ... Read the full article
Market discipline key as negative rates hit most classes: Lloyd’s CUO
28th November 2025
Rachel Turk, Chief Underwriting Officer at Lloyd’s, has acknowledged that rates have softened more quickly than anticipated, but emphasised that favourable trading conditions and ongoing market discipline are expected to drive strong performance for 2025. In the firm's Q4 Market Message, the CUO highlighted pockets of concern, urging the market to ... Read the full article
Ariel Re secures Lloyd’s approval for Syndicate 2006
28th November 2025
Global reinsurer Ariel Re Managing Agency Limited (Ariel Re) has announced that Lloyd’s has formally approved the establishment and management of Ariel Re Syndicate 2006. The syndicate has been granted Permission to Underwrite in line with its agreed business plan for the 2026 Year of Account. This follows confirmation from the ... Read the full article
Lloyd’s Europe to implement Reinsurance Collateral Deposit from Jan 1
25th November 2025
Lloyd’s Europe will implement a Reinsurance Collateral Deposit (RCD) from 1st January 2026 for the 2026 Year of Account (YoA) onwards to meet regulatory expectations, following market engagement with support from the LMA. Lloyd’s, the specialist insurance and reinsurance marketplace, said monies will be collected quarterly from participating syndicates by Lloyd’s ... Read the full article
Lloyd’s launches probe into potential policy breaches following Neal reports
20th November 2025
Lloyd’s has launched a law firm-led investigation into potential breaches of policy following allegations of a workplace relationship involving former CEO John Neal. Back in January 2025, it was revealed that Neal, who served as CEO of Lloyd’s since October 2018, would be leaving the marketplace to join broking giant Aon ... Read the full article
SageSure to underwrite policies issued by Trium Syndicate 1322 after receipt of Lloyd’s Coverholder and DCA status
18th November 2025
Large, US catastrophe-exposed focused managing general underwriter (MGU), SageSure, is now an official Coverholder and Delegated Claims Administrator (DCA) at Lloyd’s after approval from the marketplace, enabling the firm to underwrite policies issued by Trium Syndicate 1322. The partnership with Trium Syndicate 1322 at Lloyd’s, rated “A+” (Superior) by global ratings ... Read the full article
Dale and K2 receive ‘in principle’ approval from Lloyd’s to establish Syndicate 1954
17th November 2025
Dale Underwriting Partners, the trading name for Dale Managing Agency Limited’s Lloyd’s Syndicate 1729, and MGA platform K2 Insurance Services, have received ‘in principle’ approval from Lloyd’s to establish a new Special Purpose Arrangement (SPA), Syndicate 1954. The SPA, which will be managed by Dale Managing Agency Limited and hosted by ... Read the full article
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