Since its inception, the London Bridge platform has established 19 cells, enabling the deployment of $1.92 billion in capital, with an additional $2.55 billion committed by institutional investors. The platform is currently utilised by eight Lloyd’s managing agents, supported by 10 new institutional investors underwriting risks in the Lloyd’s market.
Designed to provide institutional investors with streamlined access to Lloyd’s, London Bridge offers a tax-transparent mechanism for deploying funds into the market. This initiative allows Lloyd’s members and managing agents to attract new sources of capital and reinsurance protection, optimising their capital and risk management strategies.
To ensure regulatory compliance while enhancing flexibility, Lloyd’s has worked closely with the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). The framework includes a Scope of Permissions for London Bridge 2 PCC Limited, which enables new cells to be established and reinsurance to be written without requiring additional regulatory approvals, provided all criteria are met.
Commenting on the milestone, Burkhard Keese, Chief Financial Officer of Lloyd’s, said “Making the Lloyd’s market more attractive and accessible to institutional investors continues to be a strategic priority for Lloyd’s. We are delighted with the success of the London Bridge platform, which has now become a meaningful source of capital and risk transfer capacity for the Lloyd’s market.
“London Bridge has now established itself as one of the most flexible and responsive risk transformation platforms in the ILS market, confirming our belief that Lloyd’s and the UK market remain a great place for institutional investors to access global (re)insurance risk.”
The platform’s success reinforces Lloyd’s position as a leader in innovation, providing a unique gateway for investors to engage with global insurance and reinsurance risks.
Join Lloyd’s Leaders at Insurtech Insights Europe 2025 in London
Join Lloyd’s leaders at Insurtech Insights Europe 2025 on March 19 to 20th at The O2 Intercontinental, London. Leaders at Lloyd’s are confirmed to offer valuable insights at the event. For more information, visit here: ITI Europe 2025
