Reinsurance News
HSB (UK & Ireland) names Andrew Burke as CEO
8th September 2025
HSB (UK & Ireland), a provider of engineering insurance and inspection services, has appointed Andrew Burke as Chief Executive Officer, subject to regulatory approval. Burke has more than 30 years of experience in insurance and financial services. He was previously CEO of DAS UK Group, where he managed the company’s strategic ... Read the full article
Demand for reliable reinsurance continues to grow ahead of January renewals: Hannover Re
8th September 2025
At its Monte Carlo breakfast briefing, Hannover Re reported that the January 1, 2026, property and casualty reinsurance treaty renewals are expected to feature stable to slightly softer pricing, alongside continued favourable terms and conditions in an attractive market environment. Hannover Re noted that, despite rising competition, the global property and ... Read the full article
Re/insurance remains a stabilising force amid major global disruption: Swiss Re
8th September 2025
Re/insurance remains a stabilising force in the face of major global disruptions, absorbing shocks and supporting economic recovery, according to industry giant Swiss Re. As the global re/insurance industry meets for the 2025 Rendez-Vous de Septembre in Monte Carlo, Swiss Re believes rising natural catastrophe, geopolitical uncertainty, and adoption of Artificial ... Read the full article
AM Best reports continued growth and shifts in the global health reinsurance market
8th September 2025
According to credit rating agency AM Best, the global health reinsurance market has maintained steady growth, although overall demand and utilisation remain lower than in other insurance sectors. Health insurance claims are generally short-tailed, allowing for flexibility in pricing and limited exposure to catastrophic losses. AM Best reports that the growing adoption ... Read the full article
Global non-life run-off reserves exceed $1.1tn: PwC
8th September 2025
PwC's sixteenth September 2025 Global Insurance Run-Off Survey pegs non-life run-off reserves at $1.129 trillion, reflecting growth of 11% since the previous survey, as 25 publicly announced deals from January to August 2025 involved the transfer of an estimated $1.1 billion in gross reserves. This growth, says PwC, is attributable to ... Read the full article
Howden Re expands French, Belgium & Luxembourg team
8th September 2025
Howden Re, the global reinsurance broking arm of Howden Group, has announced the addition of five new members within its French, Belgium, and Luxembourg teams. The hires bring a combined expertise across broking, reinsurance, and cedant markets, aligning with the company’s ambition to provide differentiated solutions and deepen client engagement across ... Read the full article
SCOR sees more opportunities than risks from AI: CEO Thierry Léger
7th September 2025
During the 2025 Rendez-Vous de Septembre (RVS) in Monte Carlo, Thierry Léger, Group CEO of SCOR, stated that the company clearly sees more opportunities than risks from artificial intelligence (AI), noting that it provides a real opportunity to supercharge its business model. Léger emphasised that AI is going to create opportunities ... Read the full article
The value of underwriting will increase, says Swiss Re’s Haegeli & Lot
7th September 2025
During the launch of Swiss Re’s latest sigma report on the first day of RVS 2025 Monte Carlo, Jérôme Haegeli, Group Chief Economist & Head Swiss Re Institute, emphasised that the value of underwriting is increasing, with the role of an underwriter evolving dramatically, powered by Artificial Intelligence (AI). Haegeli said ... Read the full article
Munich Re continues to expect attractive business opportunities at January renewals
7th September 2025
Munich Re, one of Europe's big four reinsurance companies, is still expecting attractive opportunities at the key January 1st, 2026, reinsurance renewals, emphasising that traditional capital remains the backbone for risk transfer in a world where annual insured losses from natural catastrophes consistently exceed $100 billion. In a press release and ... Read the full article
Deutsche Rück maintains cautious strategy, does not see general market softening: CEO
7th September 2025
In an interview with Reinsurance News around RVS 2025 in Monte Carlo, Achim Bosch, CEO of Deutsche Rück, said the company is maintaining its selective and disciplined approach ahead of the January 2026 renewals, while noting that he does not expect a general softening of the market. The recently appointed ... Read the full article
If now is not a positive reinsurance market, when is? AM Best’s Carter
7th September 2025
AM Best is the only rating agency that has maintained its positive outlook on the global reinsurance sector, and Greg Carter, Managing Director, Analytics, at the company's briefing at RVS 2025 today, stressed that if now is not a positive market, when is? Ahead of RVS 2025 in Monte Carlo, fellow ... Read the full article
Surprise if there’s no ‘lowering of attachment points on property cat,’ says Fitch’s Arrivé
7th September 2025
Property catastrophe rates are expected to decline at year-end, but a number of factors will keep underwriting discipline, Brian Schneider, Senior Director at Fitch Ratings noted at RVS 2025 in Monaco, with Manuel Arrivé, CFA, Director, suggesting that it's likely reinsurers could participate lower down on programmes to meet demand ... Read the full article
RenRe expands Adria Richards’ role to manage Property Cat Assumed Retro portfolio
7th September 2025
Bermuda-based reinsurer RenaissanceRe (RenRe) has announced the expansion of Adria Da Breo Richards’ role to include management of Property Cat Assumed Retro portfolio, alongside her current role overseeing Property Cat portfolios for RenRe’s Global clients. In her expanded role, Richards will be responsible for helping RenRe’s Assumed Retro clients solve their ... Read the full article
Reinsurance has never been more relevant: AXA XL Re’s Renaud Guidée
7th September 2025
Amid a spike in uncertainty globally, Renaud Guidée, Chief Executive Officer of AXA XL Re, believes that reinsurance has never been more relevant as a means to “bridge the gap between uncertainty and certainty.” Reinsurance News spoke with Guidée around the 2025 Rendez-Vous de Septembre (RVS) in Monte Carlo, to gauge ... Read the full article
Aon tops reinsurance broker ranking on 2024 revenues, but Guy Carpenter ahead in 2025
7th September 2025
Our ranking of the world's largest reinsurance brokers reveals that, based on revenues, Aon Reinsurance Solutions led the way in 2024, however, Guy Carpenter, the reinsurance broking arm of Marsh McLennan, is ahead in 2025. With revenues of $2.656 billion, Aon Reinsurance Solutions ranked as the world's largest ... Read the full article
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