MGA Amphitrite Underwriting has secured underwriting capacity of $25mn for its marine cargo division.

Former Helios CEO Martin Reith has resurfaced in a dual position as executive chairman of Volante Global and advisor to Acrisure Re Corporate Advisory and Solutions.

Crescent Specialty has secured Lloyd’s coverholder status after the marine and energy-focused MGA was sponsored by capacity provider Canopius Group.

Rob Myers, operations director at the Lloyd’s Market Association, looks at what firms should prioritise when planning for 2025…

The Lloyd's Market Association has appointed Joe Brace as operations director to support the implementation of the Blueprint Two market modernisation programme.

Shares in Helios Underwriting plc jumped more than 4 percent in early trading after the London-listed Lloyd's investment vehicle revealed a spike in net asset value (NAV) per share and offered a bullish outlook on results and value creation in 2025.

Listed Lloyd's investment vehicle Helios Underwriting will see its syndicate capacity portfolio decrease to £484mn ($614mn) for the 2025 year of account.

ConnectUW Holdings, the parent company of Connect Underwriting and other specialist reinsurance MGAs, has acquired a box at Lloyd’s.

AIG has confirmed the launch of its third-party-capitalised reinsurance syndicate, with Syndicate 2478 set to commence underwriting at Lloyd's from 1 January 2025.

Somers Group – the former Watford Re business owned by Arch Capital – has received regulatory approval for its wholly-owned subsidiary Lime Syndicate Management to operate as a Lloyd's managing agent.

Texas-based information security assurance provider HITRUST has announced the launch of a cyber insurance consortium in collaboration with Lloyd's of London.

Follow-form syndicate Ki has confirmed it plans to break away from Brit Insurance and operate as a standalone company within the Fairfax Financial group from 1 January 2025.

Moody’s expects Lloyd’s of London’s strict underwriting discipline and strong earnings to continue to bolster its credit strength in 2025, although the rising cost of US casualty claims and their impact on reserving remains a “weak spot”.

Lloyd’s latest systemic risk scenario has said the global economy could be exposed to potential losses of $13.6trn over a five-year period from the threat of a hypothetical future human pandemic.

Canopius Syndicate 4444 has leapfrogged Beazley Syndicate 2623 to become the largest syndicate at Lloyd’s for the 2025 year of account, The Insurer can reveal.