Our Lloyd’s segment includes insurance and reinsurance business written through RenaissanceRe Syndicate 1458, which commenced business on June 1, 2009. The syndicate was established to enhance our underwriting platform by providing access to Lloyd’s extensive distribution network and worldwide licenses. We generally target lines of business where we believe we can adequately quantify the risks assumed and where potential losses could be characterized as low frequency and high severity, similar to our catastrophe and specialty reinsurance coverages.
RenaissanceRe Syndicate 1458 offers a range of insurance and reinsurance products including, but not limited to, direct and facultative property, property catastrophe, agriculture, medical malpractice, professional indemnity, political risk and trade credit.
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RenaissanceRe Syndicate 1458