Willkie Guides Saudi Re On Lloyd's Underwriter Stake Buy
Willkie Farr & Gallagher LLP advised Saudi Reinsurance Company (Saudi Re) on its acquisition of a stake in a Lloyd's underwriter, marking a significant cross-border investment in the London insurance market.
Sarah Al-Rashid
Published on July 17, 2026
Willkie Farr & Gallagher LLP has advised Saudi Reinsurance Company (Saudi Re) on its acquisition of a stake in a Lloyd's underwriter, according to a report by Law360. The transaction underscores Saudi Re's strategy to expand its international footprint and gain access to Lloyd's specialist underwriting capabilities.
The legal team from Willkie was led by partners specializing in insurance and M&A, guiding Saudi Re through the regulatory and transactional complexities of investing in the Lloyd's market. The deal is expected to strengthen Saudi Re's presence in the global reinsurance sector and provide diversification benefits.
Neither Willkie nor Saudi Re disclosed the financial terms or the specific Lloyd's underwriter involved. The transaction is subject to customary closing conditions and regulatory approvals.