Ariel Re To Launch Lloyd’s Syndicate 2006

Ariel Re To Launch Lloyd’s Syndicate 2006

Ariel Re has received approval in principle from Lloyd’s to establish Syndicate 2006, set to launch in 2026 alongside its existing Syndicate 1910. A spokesperson said, “Ariel Re, a global reinsurance business with offices in Bermuda, London and Hong Kong, has announced it has been given ‘approval in principle’ from Lloyd’s to establish a new […]

Ariel Re gets ‘in principle’ Lloyd’s approval to establish Syndicate 2006

Global reinsurance business Ariel Re has been given ‘approval in principle’ from Lloyd’s to establish a new Syndicate, 2006. “Ariel Re was formed 20 years ago this year, the new syndicate number is in recognition of the fact that 2006 was the first year of business,” the company said in a statement. With this approval, Ariel Re plans to restructure its Lloyd’s operations, commencing in 2026, by splitting them across two platforms: the existing S…

Ariel Re to align Syndicate 1910 with ILS peer group in property cat, new Syndicate 2006 to launch - Artemis.bm

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