Oak Reinsurance

Having recently launched the OAK Enterprise retrocession focused Syndicate 1440 at Lloyd’s, executives from the company spoke with Artemis to discuss the opportunity they see in writing retro with the backing and support of third-party capital investors, as well as use of the London Bridge ILS structure to channel funding.

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.

New global reinsurance start-up Oak Reinsurance (OAK Re) has been approved to begin underwriting in the Lloyd’s market through its Syndicate 2843 from 1/1 2025 and is launching with private equity backing from Bain Capital and private capital support from Hampden Agencies.