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 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
2024 second consecutive year of ‘very strong’ P&C results for large global reinsurers: Fitch
11th July 2025
According to a new peer group credit analysis, sustained underwriting results and investment income made 2024 the second consecutive year of "very strong" property and casualty (P&C) financial performance in a prolonged favourable market. The insurers in this peer group are some of the largest in the industry, including Hannover ... Read the full article
LMA announces launch of Treasury & Investments Group
9th July 2025
The Lloyd’s Market Association (LMA) has announced the formation of its new Treasury & Investments Group (TIG), a strategic initiative that aims to drive innovation and collaboration across the Lloyd’s market. The TIG will be accountable to the LMA Board, reporting directly to the LMA Finance Committee. Comprising representatives from 17 managing ... Read the full article
Faster approvals ahead for Lloyd’s managing agents under new regulatory agreement
7th July 2025
The regulatory approval process for Lloyd’s managing agents is being streamlined to reduce authorisation times, following an agreement between the Prudential Regulation Authority (PRA), the Financial Conduct Authority (FCA), and the Society of Lloyd’s. Under the changes, the PRA and FCA will reportedly retain their statutory decision-making roles but will make ... Read the full article
Starpeak renews binder with AXA XL’s UK & Lloyd’s business
2nd July 2025
Starpeak, a digital distributor of specialist insurance products, has renewed its long-standing binder arrangement with AXA XL’s UK & Lloyd’s business. The renewal marks the 10th year of their successful partnership, which has significantly contributed to the growth of the sports and leisure insurance sector. The partnership between Starpeak and AXA XL’s ... Read the full article
Lloyd’s approves novation of GIC syndicate 1947 managing agency services to Asta
1st July 2025
Lloyd's, the specialist insurance and reinsurance marketplace, has approved the novation of Indian reinsurer GIC Re's syndicate 1947 managing agency agreement to Davies-owned Asta, effective July 1st, 2025. The agreement relates to both the open and prior years of GIC syndicate 1947 and sees Asta provide a full range of oversight ... Read the full article
Lloyd’s commends removal of Section 899 from US reconciliation bill
30th June 2025
Lloyd’s Chair, Sir Charles Roxburgh, has issued a statement commending the removal of Section 899 from the reconciliation bill by the United States Treasury and Congress, noting that the decision "greatly supports" not only Lloyd’s business in the US but all British companies with interests in the US. Section 899 of ... Read the full article
Concirrus partnership with Lloyd’s syndicates to redefine submission automation in specialty insurance
26th June 2025
Concirrus, a provider of AI-centric insurance solutions, has partnered with one of Lloyd's leading digital syndicates to redefine underwriting performance in the London Market by optimising submission processing, improving risk analytics, and providing real-time portfolio oversight. Through this partnership, the two organisations aim to transform how complex specialty risks are evaluated ... Read the full article
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