BX · News · 20261106N
Acquisitions and Partnerships
Blackstone Inc. · 2026-11-06 · Importance 34 · Surprise 42
Blackstone-managed funds and Aon launched Cortina syndicate 1956 to provide dedicated, multi-year reinsurance capacity. Lloyd’s Council gave the syndicate in-principle approval on October 16, 2026, and it is expected to receive permission to underwrite from January 1, 2027. QBE will serve as managing agent, and Cortina is intended to complement traditional reinsurers through a lead/follow approach.