About Us
Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
About Us
Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
We recently attended ExploRe & ReConnext in Antalya, a conference for the re/insurance community in Turkey, Central Asia, and the Middle East. Following a successful 2025 launch, with strong Turkish participation, this year’s event showed clear growth and momentum.
Across the three days, we engaged with regional clients, prospects, and distribution partners. Notably, there is increasing interest among re/insurers and brokers in the region in participating in Lloyd’s, either by supporting existing syndicates or by establishing new ones.
This enthusiasm is fuelled by strong market results, positive press coverage, and the success of local re/insurers at Lloyd’s. Local and global distribution partners have been instrumental in raising awareness and generating interest.
At the conference, Argenta Private Capital Ltd ("APCL" or "Argenta") representatives Robert Flach, Managing Director, and Richard Crinson, Corporate Capital Client Director, led a roundtable on Lloyd’s market fundamentals and opportunities in collaboration with Eray Turker, Managing Partner at the reinsurance broker, Turker Re.
For those unable to attend in Antalya, we have summarised the key messages from our discussion below.
Lloyd’s of London remains central in global specialty (re)insurance, providing unique access to diversified risks, key international licenses, and strong long-term average performance. Argenta Private Capital, with over 60 years’ experience, connects investors to this market, offering a comprehensive investment platform for individual, trade, and institutional capital.
Lloyd’s is a global insurance market, underwriting £57.9bn gross written premium (GWP) in 2025 (see Full Year Results) and projected to reach £67.4bn in 2026. Representing 10% of the global insurance market, Lloyd’s includes 110 syndicates.
Argenta Private Capital is a specialist capital adviser, offering its clients advice and administration services for their underwriting vehicles. With nearly 500 clients, their clients underwrite £6bn of GWP (with re/insurers and funds representing over £4bn of this) backed by £2.7bn of capital.
As an indication of past performance, over the period 2006 to 2025, Argenta-advised private clients have achieved the following:
The key attractions of the Lloyd’s market remain its diversification capabilities, strength in ratings, global reach with low execution risk, and capital efficiency. One aspect that is less talked about is the perspectives that participating at Lloyd’s can bring to a company, be that trading approaches in different markets or alternative approaches to technical disciplines like aggregate management.
Investors can access Lloyd’s through several structural routes via a corporate member. Each option varies in profit extraction, capital provision, and consolidation treatment, allowing investors to choose the option that matches their goals and involvement.
Lloyd’s 2025 results (announced 19 March 2026) evidenced another solid year, with a combined ratio of 87.6% and stable ratings. Whilst pricing is softening, it is doing so following a prolonged period of hardening. Ultimately, Lloyd’s should be considered a longer-term strategy rather than an opportunistic investment.
To conclude, Lloyd’s offers a compelling platform for re/insurers seeking diversification beyond domestic markets. Beyond financial benefits, Lloyd’s provides new perspectives on trading and risk management, which strongly appeals to participants from markets expanding their global reinsurance engagement.
