Reinsurance News

The Fidelis Partnership

The Fidelis Partnership Syndicate 3123 begins writing at Lloyd’s

1st July 2024

The Fidelis Partnership and Fidelis Insurance Group have confirmed that Syndicate 3123 (The Fidelis Partnership Syndicate) has formally begun underwriting business at Lloyd’s. The Fidelis Partnership Syndicate was first announced in March of this year, in collaboration with Hampden Agencies, the largest provider of private capital to Lloyd’s. The Fidelis Partnership ... Read the full article

The Fidelis Partnership expands presence with new Abu Dhabi office

21st May 2024

The Fidelis Partnership, formerly known as Fidelis MGU, has announced plans to open an office in Abu Dhabi, underscoring its commitment to expanding into new markets and reaching new clients and investors. The Abu Dhabi office will be led by Matthew Warren as Executive Chairman of Fidelis MEASA (Middle East, Africa, ... Read the full article

The Fidelis Partnership appoints new Head of Capacity and Ceded Reinsurance

22nd April 2024

The Fidelis Partnership, previously known as Fidelis MGU, has recently appointed Douglas Somerville as its new Head of Capacity and Ceded Reinsurance. Somerville brings 14 years of industry experience to his new role, offering a wealth of expertise. Before joining The Fidelis Partnership, Somerville spent over five years at reinsurance broker Howden ... Read the full article

The Fidelis Partnership to lead new Lloyd’s Syndicate 3123

28th March 2024

The Fidelis Partnership, formerly known as Fidelis MGU, has confirmed that Lloyd’s has granted “in principle” approval for the launch of Syndicate 3123 in collaboration with Fidelis Insurance Holdings Limited (Fidelis Insurance Group), a global specialty insurer, and Hampden Agencies, the largest provider of private capital to Lloyd’s. At the ... Read the full article

Fidelis MGU unveils rebranding amid solid 2023 performance

20th March 2024

Fidelis MGU, which will rebrand to "The Fidelis Partnership" on the 28th of March, has revealed gross written premium (GWP) grew by 19% to $3.6 billion in 2023, including 39% growth in its Specialty portfolio. According to the firm, GWP is comprised of 62% Specialty, 20% Bespoke and 18% Reinsurance. Fidelis also ... Read the full article