As we mark 30 years since the formation of Newline Syndicate 1218 at Lloyd’s, we celebrate the role Canada plays in Newline’s global network.
Established in March 2018, Newline Canada Insurance Limited acts as a service company for Newline Syndicate 1218 at Lloyd’s, providing localized insurance services and tailored coverage from our Toronto office. Our platform in Canada reflects Newline’s commitment to combining local underwriting expertise with the strength and stability of Lloyd’s, together with the capital support of Newline’s parent company, Odyssey Group, a subsidiary of Fairfax Financial Holdings Limited.
Working closely with clients and distribution partners, we bring together a clearly defined risk appetite and responsive, professional service. Combined with access to Newline’s broader product suite, this allows us to deliver tailored coverage, meaningful capacity and dependable security for the Canadian market.
Strength Through Any Cycle
At Newline, we take a long-term approach to building our insurance business and apply a strategic perspective that enables us to support clients throughout shifting market conditions while maintaining the underwriting discipline that sits at the core of our practice.
Our underwriters bring decades of experience pricing risk through hard and soft markets, and we are proud to be positioned among the most profitable and least volatile syndicates at Lloyd’s over the past decade. In 2025, Newline Group reported gross premiums written of $551 million and a combined ratio of 89.5%, marking our 13th consecutive year of underwriting profit and reflecting the specialty focus, well-defined risk selection and long-term approach that continues to define how we do business.
This track record is not simply a measure of past performance; it underpins our ability to offer continuity and support partners beyond placement as their needs evolve. It means bringing the same considered approach to each opportunity and remaining a dependable presence as circumstances change.
Regional Approach
The Canadian market is currently softening, with capacity chasing premium and appetite shifting to meet budget targets. Our approach stays consistent through the cycle, pricing each risk on its own merits.
In a changing market, our strength comes from that consistency. Lasting broker relationships are built on transparency, sound decision-making and the confidence that underwriting will not shift with the market. We work closely with distribution partners to provide the coverage their clients require, while maintaining the underwriting approach that supports sustainable results.
Our approach in Canada reflects Newline’s broader philosophy of disciplined underwriting and thoughtful expansion. By combining local delivery with global support, we have built a platform designed to provide stability, responsiveness and expertise.
That discipline is shared across Odyssey Group, giving clients and brokers confidence in a trusted partner supported by a strong global foundation.
Positioned for the Future
Looking ahead, we will continue to focus on deepening relationships with brokers and clients while delivering the expertise and steadfast support that have defined Newline’s first three decades of success. With an established local platform, strong broker relationships and a clear focus on bespoke service, Newline Canada is well positioned to support clients and brokers across the region in the years ahead.