Nephila to surpass £1bn stamp capacity at Lloyd’s in 2026
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ILS managers

Nephila to surpass £1bn stamp capacity at Lloyd’s in 2026

New catastrophe reinsurance Syndicate 2359 has an approved stamp capacity of £100mn.

By Jai Singh
December 01, 2025
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Nephila has a total approved stamp capacity of £1.05bn ($1.39bn) for 2026 across its three Lloyd’s syndicates, a 56% increase on 2025, when it was operating two vehicles at the London platform.

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