Hiscox, Canopius and Axis leaned in most to Lloyd’s softening property market in 2025

By Henry Gale

Published: Tue 5 May 2026

Hiscox 33, Canopius 4444 and Axis 1686 were among the syndicates that grew their direct property books the most in 2025, as Lloyd’s underwriters leaned into the softening market.