Lloyd’s of London news

Global player Allianz is partnering with investor Oaktree Capital Management to launch a reinsurance syndicate in the Lloyd’s market that will take a share of the re/insurer’s outwards reinsurance program, with funding channelled via the insurance-linked securities structure London Bridge 2 PCC.

As Lloyd’s presence in the United States continues to grow, with more than half of the market’s business originating from North America, executives at Argenta Private Capital Limited (APCL) emphasise that investing in the Lloyd’s market presents a logical and underutilised pathway to returns for investors.

Our latest video features the third panel discussion of the day at Artemis London 2025, a session focused on the non-catastrophe opportunities in ILS, from our fourth catastrophe bond and insurance-linked securities (ILS) conference in the City of London, UK, held on September 2nd 2025.

OAK Global has launched a retrocession division OAK Enterprise, that will underwrite through new Lloyd’s Syndicate 1440 from January 1 2026. The syndicate has been backed by a range of investors and we understand from sources that at least one of these has funded its commitments through the Lloyd’s ILS structure London Bridge.

Atrium, a specialty insurer at the Lloyd’s insurance and reinsurance marketplace has been granted “in principle” approval from Lloyd’s to launch its new delegated property catastrophe and weather and climate risk-focused Syndicate 2026 and has secured backing from both traditional and institutional capital sources.

Alternative investment giant Blackstone has partnered with The Fidelis Partnership on a new Lloyd’s syndicate launch, with Blackstone set to fund Syndicate 2126 through the London Bridge 2 PCC insurance-linked securities (ILS) structure.

Speaking today during Aon’s Navigating Market Cycles panel, Rachel Turk, Chief Underwriting Officer at Lloyd’s of London, the specialist insurance and reinsurance marketplace, said that the market’s London Bridge 2 PCC insurance-linked securities (ILS) structure has become an attractive place for third-party capital.

As insurance and reinsurance markets continue to deliver competitive returns, Lloyd’s of London is emerging as a focal point for investors seeking diversification and growth. However, alongside the surge in appetite for the market, particularly for exposure to fast-growing new syndicates, comes a need for careful consideration of the additional capital those businesses may require, […]

Nephila Capital, one of the longest-standing and largest insurance-linked securities (ILS) managers, has been approved in principle to launch Lloyd’s Syndicate 2359, its third syndicate and its first in the market to have a pure property catastrophe risk and returns focus for specialised Lloyd’s investors and capital allocators, Artemis can report.

Ariel Re is to separate out risk classes it underwrites by aligning its established Syndicate 1910 with the Bermuda ILS peer group through adopting a pure property catastrophe reinsurance focus for the vehicle, while setting up a new syndicate for the rest, the company said today.