Nephila Syndicates 2357 and 2358 report fall in profits for 2024
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Nephila Syndicates 2357 and 2358 report fall in profits for 2024

Both syndicates also reported a deterioration in their combined ratios.

By Jai Singh
March 20, 2025
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Nephila’s Lloyd’s Syndicate 2357 has reported a decrease in profits of 49% to $159.0mn for the full year 2024, while its follow-only specialty Syndicate 2358 has reported a 15% fall in profits to $4.6mn.

Syndicate

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Property treaty News Lloyd's Nephila Capital Catastrophe losses UK and Europe
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