UK-based insurer Amlin has entered into an agreement to acquire additional stake in Leadenhall Capital Partners (LCP).


As part of the deal, Amlin will increase its current 40% stake in the business to 75% through a partial acquisition of each individual partner’s interest.

Amlin noted that the transaction is not subject to any conditions and regulatory approvals.

Amlin CEO Charles Philipps said: "I am pleased that we have further strengthened our relationship with Leadenhall Capital Partners.

"We have already developed significant synergies between LCP and Amlin’s reinsurance business, which have helped to differentiate Amlin’s (re)insurance client proposition from its competitors, as well as strengthening LCP’s market position."

Established in 2008, LCP offers asset management solutions to institutional clients in the (re)insurance-linked securities market.

The company manages a total AUM of $1.8bn across three separate funds and managed accounts.

The business, which is led by chairman John Wells and CEO and CIO Luca Albertini, was formed as a joint venture between Amlin and the current partners.

Leadenhall Capital Partners chairman John Wells said: "We are delighted to have established the basis for the next stage of our development with Amlin."

Amlin provides services in the reinsurance, marine and aviation and property and casualty markets.

Image: Amlin to increase its current stake in Leadenhall Capital Partners. Photo: courtesy of adamr/