Article ID: 8f18ac515b92a2c2aa35ed5288be0cb68c098fa953f437905e586b1198b79f95
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Reinsurance News Lloyd’s of London 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. Gallagher Bassett notes shift in Lloyd’s claims management to “hurdle principle” 29th December 2025 The change of Lloyd’s claims management to a “hurdle principle” places the delivery of high-quality claims services among the key fundamental responsibilities of managing agents, positioning it alongside underwriting and governance as a strategic priority, Gallagher Bassett analysts highlight. Elevating claims management to a "hurdle principle" means that claims performance is ... Read the full article Howden advises K2 on launch of Lloyd’s Syndicate 1954 24th December 2025 Howden Capital Markets & Advisory and Howden Capital Solutions will serve as financial advisors to MGA platform K2 Insurance Services as it launches Syndicate 1954 for the 2026 YOA, in partnership with Dale Underwriting Partners, the trading name of Dale Managing Agency Limited’s Lloyd’s Syndicate 1729. Last month, Dale Underwriting ... Read the full article Amiga Specialty secures Lloyd’s capacity for Management Liability 23rd December 2025 Amiga Specialty, an independent international Managing General Agent (MGA), has secured new Lloyd’s capacity to support its Management Liability proposition for SME and mid-market businesses across the UK, Europe, and select rest-of-world markets. The Management Liability proposition strengthens the firm’s ability to deliver underwriting-led solutions across Directors’ & Officers’ and broader ... Read the full article Al Wathba Insurance secures access to Lloyd’s of London 22nd December 2025 Al Wathba Insurance has become the first UAE-based insurer to secure access to the Lloyd’s of London market via the London Bridge 2 PCC structure. This strategic move, finalised through Cell 27 of the London Bridge 2 PCC, an insurance-linked securities (ILS) structure, marks a significant evolution in Al Wathba’s growth ... Read the full article London Market faces pivotal moment for industry’s future: Guidewire’s McDonnell 19th December 2025 As the global insurance industry enters 2026, the London Market is standing at a critical crossroads, with Lloyd’s of London under mounting pressure to redefine its strategic direction following significant leadership transitions - including the appointment of Patric Tiernan as CEO this year. Jamie McDonnell, Director of London Market at Guidewire, ... Read the full article Atradius Syndicate 1864 receives final Lloyd’s approval to underwrite 16th December 2025 Global credit insurer Atradius has received final regulatory approval for its Lloyd's Syndicate 1864 to begin underwriting business from 1 January 2026. Syndicate 1864, which received Lloyd’s ‘in principle’ approval back in July, will focus on trade credit risks, starting with new and existing clients in Europe's financial sector. By using ... Read the full article XS Global expands into Asia Pacific with Hong Kong launch 16th December 2025 XS Global, an independently owned managing general underwriting (MGU) platform, has expanded into the Asia Pacific region with the launch of XS Global Asia Pacific Ltd (XSGAP) in Hong Kong, with the office being led by APAC CEO and XS Global Executive Committee member, Steven Barnett. XSGAP, licensed in Hong Kong ... Read the full article Santam secures final approval to launch Syndicate 1918 at Lloyd’s 1st December 2025 Santam Group, a major South African insurance company, has been granted Lloyd’s final permission for its Santam Syndicate 1918 to underwrite for business beginning on or after January 1, 2026. The new Syndicate will introduce Santam’s established expertise and unique culture to the global specialty insurance market, focusing on Southern Africa ... Read the full article Market discipline key as negative rates hit most classes: Lloyd’s CUO 28th November 2025 Rachel Turk, Chief Underwriting Officer at Lloyd’s, has acknowledged that rates have softened more quickly than anticipated, but emphasised that favourable trading conditions and ongoing market discipline are expected to drive strong performance for 2025. In the firm's Q4 Market Message, the CUO highlighted pockets of concern, urging the market to ... Read the full article Ariel Re secures Lloyd’s approval for Syndicate 2006 28th November 2025 Global reinsurer Ariel Re Managing Agency Limited (Ariel Re) has announced that Lloyd’s has formally approved the establishment and management of Ariel Re Syndicate 2006. The syndicate has been granted Permission to Underwrite in line with its agreed business plan for the 2026 Year of Account. This follows confirmation from the ... Read the full article Lloyd’s Europe to implement Reinsurance Collateral Deposit from Jan 1 25th November 2025 Lloyd’s Europe will implement a Reinsurance Collateral Deposit (RCD) from 1st January 2026 for the 2026 Year of Account (YoA) onwards to meet regulatory expectations, following market engagement with support from the LMA. Lloyd’s, the specialist insurance and reinsurance marketplace, said monies will be collected quarterly from participating syndicates by Lloyd’s ... Read the full article Lloyd’s Syndicate forecasts for 2023 year of account remain very strong: Argenta 20th November 2025 Argenta Holdings Limited, a managing agent at Lloyd’s of London, has reported that the market's syndicate forecasts for the 2023 and 2024 underwriting years continue to show strong performance, reflecting disciplined underwriting and favourable market conditions. Argenta Holdings has highlighted that the 2023 year of account is performing exceptionally well, supported ... Read the full article Lloyd’s launches probe into potential policy breaches following Neal reports 20th November 2025 Lloyd’s has launched a law firm-led investigation into potential breaches of policy following allegations of a workplace relationship involving former CEO John Neal. Back in January 2025, it was revealed that Neal, who served as CEO of Lloyd’s since October 2018, would be leaving the marketplace to join broking giant Aon ... Read the full article Lloyd’s approves OAK Global’s Syndicate 1440 for underwriting 19th November 2025 OAK Global, an independent reinsurance group that provides risk solutions and underwriting capacity to clients worldwide, announced that Lloyd’s has granted approval for underwriting to begin through Syndicate 1440. The syndicate will operate within OAK Enterprise, a new strategic business unit that will offer property and specialty retrocession capacity for business ... Read the full article HRP Syndicate 2689 at Lloyd’s announces key leadership appointments 19th November 2025 HRP Syndicate 2689 at Lloyd’s, a specialist insurance syndicate known for providing underwriting solutions across diverse sectors, has named Giancarlo D’Alessandro as its new Active Underwriter. Additionally, Leah Rose has been appointed as syndicate CEO, taking responsibility for the overall management and strategic oversight of the business. Both appointments are subject ... Read the full article
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