Hamilton, Bermuda, September 9, 2025 – 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 Syndicate, 2006.
As a result, from 2026, Ariel Re will be separating it’s Lloyd’s business into two
syndicates: existing Syndicate 1910, and the newly formed 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 for the company.
The new syndicate will have a balanced portfolio of Property Catastrophe; Other
Property; Marine and Specialty; Cyber; and Clean Energy business (trading as Ariel
Green).
From 2026, Syndicate 1910 will only underwrite Property Catastrophe reinsurance,
aligning to its ILS peer group in Bermuda, but with advantages of being a rated Lloyd’s
carrier.
Ariel Re plans to begin quoting on behalf of Syndicate 2006 on 1 December 2025, for
binding effective 1 January 2026.
“We are excited to expand our presence in the Lloyd’s market with the launch of
Syndicate 2006,” said Ariel Re Managing Agency Managing Director Darren Lednor.
“Lloyd’s is fundamental to our strategy, and with this new syndicate, we are seeking to
better appeal to the demands of our target capital base by offering differentiated
investment products.”
“We are seeing strong interest from existing as well as potential new investors, and we
expect Syndicate 2006 to be accretive to Ariel Re in 2026, and as the syndicate grows in
2027 and beyond.”
About Ariel Re:
Ariel Re offers a range of innovative insurance and reinsurance solutions and services
through our offices in Bermuda, London, and Hong Kong, meeting the business needs
of a diverse client base. Ariel Re operates through Syndicate 1910 at Lloyd’s of London
and we also offer access to Lloyd’s Europe.
We are a major writer of property catastrophe reinsurance, covering large insurance
companies around the world against major losses from natural catastrophes such as
hurricanes and earthquakes.
Contacts
Media
Stephen Breen, Rein4ce
Email: stephen.breen@rein4ce.co.uk
+44 (0) 7843 076556
Ariel Re Contact Information:
Email: marketing@arielre.com
Website: www.arielre.com
