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Ariel Re underwrites a global portfolio of reinsurance products in Bermuda, London and Hong Kong through its Lloyd’s platform.
Ariel Re Granted ‘In Principle’ Approval to establish a Lloyd’s Managing Agent
On July 22, 2021, Lloyd’s Council granted ‘in principle’ approval for Ariel Re, a Bermuda-based reinsurance business with offices in Bermuda, London and Hong Kong, to establish a Lloyd’s Managing Agent. The new company, Ariel Re Managing Agency (“ARMA”), is expected to manage the business of Syndicate 1910 and SPA 6117 from early 2022 subject to regulatory permissions.
Originally founded in 2005, Ariel Re has a long record of outstanding performance, consistently outperforming both the Lloyd’s and Bermuda markets.