BX · News · 20261106N

Insurance Partnership Expansion

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 and broaden capital available to clients. Lloyd’s Council gave the syndicate “in principle” approval on October 16, 2026, and it is completing required actions before receiving permission to underwrite. Underwriting is expected to begin January 1, 2027, with QBE as managing agent. Cortina is intended to complement traditional reinsurers through a “lead/follow” approach.