OREANDA-NEWS. Fitch Ratings says in a new report that it believes that larger specialist (re)insurers could pose an emerging risk to Lloyd's of London (IFS; AA-/Stable).

The rise in (re)insurer M&A activity, in some cases involving carriers with a Lloyd's operation, will increase the number of larger mid-tier specialists. Fitch believes that these larger specialists (re)insurers will have more flexibility in choosing whether they want to underwrite through their own brand or use the Lloyd's platform.

The report "Mergers and Acquisitions Involving Lloyd's Operations" is available at www.fitchratings.com or by clicking on the link above.