Oak Reinsurance (OAK Re), the London-based reinsurance company, announced that its Lloyd’s Syndicate 2843 has received permission to begin underwriting business incepting from Jan. 1, 2025. This follows the approval in principle that was received in September 2024.
OAK Re was founded by chief executive officer and active underwriter of OAK Syndicate 2843, Cathal Carr. OAK Re has built out its executive team to include Ale