BX · News · 20261106N

Reinsurance Capacity Expansion

Blackstone Inc. · 2026-11-06 · Importance 34 · Surprise 42

Blackstone-managed funds and Aon launched Cortina syndicate 1956 within Lloyd’s to provide dedicated, multi-year reinsurance capacity. The syndicate is intended to broaden capital available to clients and support growth and resilience in the reinsurance marketplace. It will complement traditional reinsurers through a lead/follow approach, with underwriting expected to begin on January 1, 2027, subject to completion of Lloyd’s requirements.

Key facts

• Cortina syndicate 1956 will provide dedicated, multi-year reinsurance capacity and broaden the capital available to clients. source
• Cortina is expected to receive permission to underwrite from January 1, 2027. source
• Blackstone-managed funds and Aon announced the launch of Cortina syndicate 1956, a new Lloyd's syndicate for reinsurance capacity. source
• Cortina will complement traditional reinsurers through a conventional lead/follow approach. source