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.

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

Lloyd’s announces Council membership elections

14th November 2025

Lloyd’s, the London-headquartered specialist insurance and reinsurance market, has announced a couple of updates to its Council membership: the re-election of Richard Dudley, and Duncan Dale’s election. These changes follow elections to fill two working member vacancies, and come as Andrew Brooks steps down after nine years as a working member ... Read the full article

John Neal no longer joining AIG

14th November 2025

Global insurer AIG has announced that John Neal, former Chief Executive Officer (CEO) of the specialist Lloyd's insurance and reinsurance marketplace, will no longer be joining the firm due to personal circumstances. Back in January 2025, it was revealed that Neal, who served as CEO of Lloyd's since October 2018, ... Read the full article

Atrium’s new Syndicate 2026 secures ‘in principle’ approval, targets initial GWP of $150m

12th November 2025

Atrium, an insurance group operating within the specialist Lloyd’s insurance and reinsurance marketplace, has been granted “in principle” approval for its new delegated property catastrophe and weather and climate risk-focused Syndicate 2026. The new syndicate will start underwriting from January 1st, 2026, subject to the completion of all final approvals. It ... 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

There’s still ample growth opportunities: Aon re/insurance panel

16th October 2025

Speaking on a panel earlier today as part of global broker Aon's Reinsurance Renewal Season coverage, Rachel Turk, Chief Underwriting Officer at the specialist Lloyd's insurance and reinsurance marketplace, said that there's "plenty of growth opportunities around" as the market looks to stay ahead of volatility. Moderated by Molly Tully, Executive ... 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

Applied Crisis Underwriters approved as Lloyd’s coverholder

17th September 2025

Applied Crisis Underwriters, an affiliate of Applied Underwriters, has announced that it has been approved as a Lloyd’s coverholder. Based in London, New York, and Miami, Applied Crisis Underwriters provides specialised coverage for political violence and war perils worldwide. Led by experienced professionals, it leverages advanced technology to deliver tailored underwriting solutions. All ... Read the full article

New Dawn Risk names Anthony Kerr as Senior Client Manager and Claims Advocate

15th September 2025

Anthony Kerr has recently been named Senior Client Manager and Claims Advocate at Specialist Lloyd's broker New Dawn Risk. Kerr has over 35 years of experience in the London re/insurance markets and will contribute to enhancing the firm’s claims capabilities, with focus on professional liability clients. “Tony is one of the most ... Read the full article