For Investors
Ariel Re aims to match high quality, desirable risk to high quality capital providers seeking superior risk-adjusted returns.
We seek to achieve superior returns by sourcing low frequency / high severity, high margin business and leveraging the capital support of Lloyd’s of London.
Through investment in our reinsurance portfolios we offer investors the chance to access high returns which are uncorrelated with the broader market.
Syndicate Performance
We have a long track record of outperforming our peers and generating consistent returns across market cycles.
Ariel Re Syndicate 1910 was the third best performing syndicate at Lloyd’s for 2023 by combined ratio.
Syndicate 1910 also reported the biggest improvement in combined ratio year-on-year with our combined ratio improving from 106% in 2022 to 48% in 2023 among our peer group of syndicates that wrote at least £100mn in GWP during 2023.
Ariel Re Syndicate 1910 is also the third most profitable non-life syndicates at Lloyd’s over the last decade with a weighted-average combined ratio below 87%.
The Best Performers Of The Last Decade At Lloyd's
Top 10 Lloyd’s syndicates ranked by underwriting performance between 2014 and 2023
Key: More volatile than median syndicate | Less volatile than median syndicate
| Syndicate | Combined Ratio | Standard Deviation |
|---|---|---|
| MAP 271 | 86.2% | 12% |
| Chubb 2488* | 86.2% | 12% |
| Ariel Re 1910* | 86.5% | 25% |
| Lancs 3010 | 87.0% | 8% |
| Aegis 1225 | 86.6% | 7% |
| Newline 1218 | 89.8% | 3% |
| Hiscox 33* | 90.2% | 14% |
| Munich Re 457 | 90.5% | 8% |
| Ark4020* | 90.8% | 9% |
| Atrium 609 | 91.6% | 5% |
Lloyd's 2023 Results: Top-Quartile Syndicates
Top-quartile Lloyd’s syndicates by 2023 combined ratio
| Syndicate Managing Agent |
Combined Ratio | ||
|---|---|---|---|
| FY 2022 | FY 2023 | YoY +/- | |
|
Nephila 2357 Nephila Syndicate Management Ltd |
58% | 26% | -32ppt |
|
Chaucer 1176 Chaucer Syndicates Ltd |
33% | 37% | +5ppt |
|
Ariel Re 1910 Ariel Re Managing Agency Ltd |
106% | 48% | -58ppt |
|
Medical Protection Society 1892 Asta Managing Agency Ltd |
60% | 71% | +11ppt |
|
RenRe 1458 Renaissance Re Syndicate Management LTD |
95% | 74% | -21ppt |
|
Ive 2525 Asta Managing Agency LTD |
83% | 75% | -8ppt |
|
Beaufort 318 Cincinatti Global Underwriting Agency Ltd |
87% | 76% | -11ppt |
|
Lancashire 2010 Lancashire Syndicates Ltd |
115% | 76% | -39ppt |
|
MAP 2791 Managing Agency Partners Ltd |
95% | 77% | -19ppt |
|
WR Berkley 1967 W R Berkley Syndicate Management Ltd |
91% | 78% | -13ppt |
Alpha Generators
Ariel Re offers a unique combination of superior systems, underwriting outperformance, downside protection and capital efficiency
Portfolio
- Ground up portfolio construction using proprietary portfolio and pricing system
- In house research team constantly evaluating new climate data and reports
Hedging
- Targeted hedging strategy offering effective downside mitigation
Underwriting
- Experienced underwriting team with deep industry knowledge and relationships
- 18-year history and deep relationships with brokers and cedants provides unparalleled access to business
Platform
- Lloyd’s highly rated balance sheet enables access to business and provides exceptional capital efficiency for investors
Investor Relations Team
Katie Partington Howarth
Chief Capital Officer
Henry Paddison
Head of Capital Development and Investor Relations
Syndicate Financial Statements
Find out more
Katie Partington Howarth
Chief Capital Officer
Insurance and Reinsurance professional with almost 25 years experience across portfolio management and capital strategy. Current role encompasses raising external capital and managing Ariel Re’s capital strategy to ensure the company’s continued growth and success in the reinsurance market. Named one the 50 Most Influential Women in Re/insurance by the Intelligent Insurer.
View on LinkedIn
Henry Paddison
Head of Capital Development and Investor Relations
Henry Paddison joined Ariel Re in 2019 and is currently the Head of Capital Development & Investor Relations. 15+ years’ experience across P&C and L&H (Re)insurance, spanning operations, finance and strategy. Henry has an undergraduate degree in business administration from Cardiff University and an MBA from London Business School.
View on LinkedIn