Reinsurance News

London Bridge

Flood Re secures £140m in flood retro with debut cat bond

17th March 2025

To bolster its financial resilience against UK flood risks, Flood Re has successfully launched its first catastrophe bond, Vision 2039 – Series 2025-1, securing £140 million in retrocession reinsurance coverage. This transaction is a first for the UK flood insurance scheme, and with it Flood Re marks its entry into ... Read the full article

Lloyd’s London Bridge investment platform hits capital deployment of $1.92bn in 2024

20th January 2025

At the end of 2024, Lloyd’s London Bridge risk transformation platform reportedly reached a capital deployment milestone of $1.92 billion, alongside $2.55 billion committed from institutional investors. As per a new announcement from the leading marketplace for insurance and reinsurance, eight Lloyd's managing agents are now actively utilising the London Bridge ... Read the full article