Ariel Re Managing Agency gains Lloyd’s approval for Syndicate 2006, allowing underwriting for the 2026 year of account. The new syndicate will focus on specialty and property reinsurance lines, drawing on Ariel Re’s expertise in marine, energy, cyber, transition, and renewables. Separating from Syndicate 1910, Syndicate 2006 will maintain a diversified portfolio including property catastrophe, marine, cyber, and clean energy classes. Ariel Re appoints Rohan Pai as CFO to manage financial reporting and operational development. Last year, Ariel Re partnered with Hiscox Re & ILS to launch a cyber catastrophe consortium. In 2023, Ariel Re utilized Phinsys’ finance and accounting offerings for operational and financial tasks.

Read more at Yahoo Finance: Ariel Re Managing Agency gains Lloyd’s approval for Syndicate 2006