Westfield Specialty International, a global insurance provider, has received approval from Lloyd’s for its 2025 Syndicate Business Forecast, setting it at £774 million—a rise of £56 million, or 8%, over the 2024 forecast.
Since acquiring the Syndicate in February 2023, Westfield has overseen steady growth, with expectations for further expansion as the business develops.
By the end of 2025, the Syndicate aims to reach a total growth of 33% from its pre-acquisition baseline, with a focus on delivering stable and profitable returns.
Graham Evans, Executive Vice President and Head of International Insurance, Westfield Specialty, said: “We have worked hard over the last year to consolidate and integrate our underwriting platform into the Westfield brand. For the first time, in 2025, I am excited that we will present a fully aligned ‘Westfield Specialty International’ proposition to the London market.”
Evans continued: “This is an exciting time for our London-based business. We have several new products that are now growing towards maturity, in particular property and professional lines along with additional underwriting and product resource expected to contribute profitable growth opportunities through the second half of 2025 and beyond.”
