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.
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
Certa secures £157m Lloyd’s capacity for non-US primary tax risks
9th September 2025
Certa has announced an increase in its available Lloyd’s capacity for non-US primary tax risks, now reaching up to £157 million. Certa is an independent specialist underwriting agency and Lloyd's Coverholder providing tailored tax insurance solutions globally. This development allows the company to provide even more meaningful and material capacity to clients ... Read the full article
Ariel Re gets ‘in principle’ Lloyd’s approval to establish Syndicate 2006
9th September 2025
Global reinsurance business Ariel Re has been given ‘approval in principle’ from Lloyd’s to establish a new Syndicate, 2006. "Ariel Re was formed 20 years ago this year, the new syndicate number is in recognition of the fact that 2006 was the first year of business," the company said in a ... Read the full article
Lloyd’s CEO outlines strategy to boost market relevance and cut costs
5th September 2025
Lloyd’s Chief Executive Officer Patrick Tiernan has set out his vision for the future of the market, stressing both the need to strengthen Lloyd’s relevance to stakeholders and to reduce the cost of doing business. “We will strive to increase the attraction and relevance of the Lloyd’s market by better tailoring ... Read the full article
Lloyd’s CEO resets expectations around Blueprint Two timeline
4th September 2025
In a frank letter accompanying Lloyd’s half-year results, CEO Patrick Tiernan called for a reset of expectations around key milestones for Blueprint Two, including market testing, dress rehearsals and a safe cutover, confirming that the re-platforming element will not be completed before 2028, and stressing the level of care required ... Read the full article
OAK Global launches retro syndicate at Lloyd’s
4th September 2025
Global reinsurance provider OAK Re has rebranded its group identity to OAK Global, and launched a strategic business unit, OAK Enterprise, to underwrite retrocession business with an appetite for property and specialty classes, which will also provide risk solutions to clients through Lloyd’s Syndicate 1440. The rebrand reflects the group's broader ... Read the full article
Lloyd’s posts 6% rise in GWP and profit of £4.2bn for H1’25
4th September 2025
Lloyd's, the specialist insurance and reinsurance marketplace, generated gross written premium (GWP) of £32.5 billion in the first half of 2025, while the underwriting result contracted to £1.5 billion as the Los Angeles, California wildfires pushed the combined ratio to 92.5%. Top-line growth of 6% year-on-year was driven by volume growth ... Read the full article
Insurtech Gateway secures Lloyd’s Broker status
14th August 2025
Insurtech Gateway, a specialist insurtech incubator, has received authorisation to trade within the specialist Lloyd’s market, the world's oldest insurance and reinsurance marketplace. This milestone strengthens Insurtech Gateway’s platform for supporting early-stage MGAs, particularly those addressing emerging risks in underserved or rapidly evolving markets. Historically, securing underwriting capacity has been a major ... Read the full article
Lloyd’s hires Stephane Flaquet from Hiscox as Chief Operating Officer
5th August 2025
Lloyd's, the world's oldest insurance and reinsurance marketplace, has named Stephane Flaquet as its new Chief Operating Officer (COO), signalling the end of his 15-year tenure at global re/insurer Hiscox. Flaquet joins Lloyd's on September 1st, 2025, and will become a member of the Lloyd's Executive Team, reporting directly to Patrick ... Read the full article
Lloyd’s Asia unveils new cyber capacity pooling arrangement
23rd July 2025
Lloyd’s Asia has announced the launch of a new cyber capacity pooling arrangement, the “Lloyd’s XOL Cyber Insurance Facility,” developed in collaboration with Antares, Munich Re Specialty – Global Markets, Syndicate Asia, Newline, and Tokio Marine Kiln. This new solution offers robust protection against cyber threats and greater flexibility to address ... Read the full article
Agile marks strong first year of Syndicate 2427
21st July 2025
Agile Underwriting Services celebrates a successful one year of Syndicate 2427, launched under Lloyd’s ‘syndicate-in-a-box’ framework, with strong performance and momentum. Since commencing underwriting in May 2024, Syndicate 2427 has demonstrated strong underwriting performance, expanded its product lines, and significantly increased broker engagement across the globe through new service companies. Agile is ... Read the full article
Atradius Syndicate 1864 secures approval from Lloyd’s
21st July 2025
New Atradius Syndicate 1864 is to start underwriting on January 1st, 2026, following Lloyd’s ‘in principle’ approval. The syndicate will focus on trade credit risks, initially targeting new and existing European clients in the financial industry sector. The syndicate will enhance the operations of Atradius, a global insurer that offers trade ... Read the full article
Coface receives “in principle approval” to establish short term trade credit syndicate at Lloyd’s
16th July 2025
Trade Credit insurer Coface has received "in principle approval" from the Lloyd's marketplace to establish Syndicate 2546, a new short term trade credit syndicate, which will be managed by Apollo Syndicate Management. Coface Lloyd’s Syndicate 2546 is expected to begin underwriting in 2025 and enables the trade credit insurer to provide ... Read the full article
Argenta becomes first Lloyd’s managing agent to adopt Send platform across all business lines
16th July 2025
Argenta Syndicate Management Ltd, a Lloyd's managing agency, has successfully rolled out Send’s Underwriting Workbench across every class of business. This makes Argenta the first Lloyd’s managing agent to adopt the Send platform across all business lines, with it now live across Casualty, Marine & Energy, Property, and Specialty, offering 23 ... Read the full article
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