Reinsurance News
HDI Global UK&I receives Lloyd’s approval in principle to establish new syndicate
7th September 2026
HDI Global UK & Ireland (HDI) has announced that it has received approval in principle from Lloyd’s to establish a new Lloyd’s syndicate, marking a key milestone in its wider Xcelerate29 growth strategy. The approval in principle enables HDI to continue progressing through the remaining regulatory and operational stages required before ... Read the full article
SiriusPoint’s Govrin flags property rate pressure and rising AI adoption across re/insurance
7th September 2026
Speaking in an interview during the 68th edition of the Rendez-Vous de Septembre (RVS) in Monte Carlo, David Govrin, SiriusPoint’s Group President and CEO of Global Reinsurance & London Market Specialty, discussed the outlook for the January 1 reinsurance renewals, including rate movements, terms and conditions, and underwriting discipline. The executive ... Read the full article
Run-off liabilities reach $2.57bn YTD following slow H1 start: PwC
7th September 2026
Combined gross liabilities of the non-life insurance run-off market reached an estimated $2.57 billion in 2026 year to date, driven by 18 publicly announced deals across eight acquirers, according to data from PwC. The YTD figures demonstrate a robust recovery following a slow start to the year. Only two run-off transactions ... Read the full article
Cyber reinsurance buyers willing to explore higher cessions at Jan 1 renewals: Marsh Re’s Cordonnier
7th September 2026
Anthony Cordonnier, Global Co-Head of Cyber, Managing Director at reinsurance broker Marsh Re, said a meaningful shift that is beginning to appear is a willingness among some buyers to explore higher cessions at the 1 January 2027 cyber renewals. In an interview with Reinsurance News around the annual meeting of the ... Read the full article
Underlying need for reinsurance protection continues to grow: Swiss Re
7th September 2026
At the 68th annual meeting of the reinsurance industry in Monte Carlo, Swiss Re, an industry giant, has emphasised that growing natural catastrophe risk remains a significant driver of reinsurance demand. Insured natural catastrophe losses continue to follow a 5–7% annual growth rate, driven by increasing exposures, rising asset values, and ... Read the full article
PwC RVS: Convex’s Brand says strong carriers can thrive in soft phase of cycle
7th September 2026
Speaking at PwC’s annual breakfast briefing during this year’s RVS in Monte Carlo, Paul Brand, Chief Executive Officer of international specialty insurer and reinsurer Convex, suggested that carriers with relevance, resilience and efficiency do absolutely fine during this phase of the cycle. Brand’s comments point to a widening gap in performance ... Read the full article
Inconsistencies in critical infrastructure clauses create uncertainty for cyber re/insurers: Lockton Re
7th September 2026
Critical infrastructure clauses in cyber insurance are inconsistent across the market, creating uncertainty for insurers, reinsurers, brokers and policyholders, according to a report by Lockton Re, the reinsurance business of Lockton. Critical infrastructure presents systemic exposures for the cyber market. Those exposures span utilities, telecommunications and financial infrastructure, and sit beyond ... Read the full article
We are the same trusted partner in every phase of the cycle: Schwimmer, Munich Re
7th September 2026
While markets and risks shift, reinsurance giant Munich Re’s commitment to disciplined underwriting, long-term partnerships and reliable capacity remains, according to Christa Schwimmer, Chief Executive for Specialty Reinsurance, Lloyd’s and Bermuda. Schwimmer took on her current role at the beginning of last year, and overseas Munich Re’s Specialty Reinsurance platform, ... Read the full article
Hannover Re expects risk-adequate prices for Jan 1 renewals amid increasingly challenging environment
7th September 2026
Global reinsurer Hannover Re expects generally risk-adequate rates for the January 1st, 2027, treaty renewals in its book of property and casualty reinsurance, with terms and conditions likely to "remain broadly unchanged." At Hannover Re's press briefing in Monte Carlo at the 68th RVS, the reinsurer confirmed that it plans to ... Read the full article
Aon launches DIRA to help insurers gain clearer view of digital infrastructure exposures
7th September 2026
As investment in data centres and other digital infrastructure assets continues to accelerate, global broking group Aon has launched its Digital Infrastructure Risk Aggregator (DIRA), designed to help insurers manage digital infrastructure risk and deploy capacity in this expanding market. Aon says that DIRA helps carriers obtain a "clearer view" of ... Read the full article
Howden Re introduces Novark to expand institutional access to insurance risk
7th September 2026
Howden Re, Howden’s global reinsurance, capital markets and strategic advisory business, has launched Novark, a new platform combining insurance management and securities administration with technology designed to improve how institutional investors access and monitor insurance risk. The platform has been developed to provide investors with near real-time updates on their insurance ... Read the full article
SCOR leans into AI as reinsurer warns of governance and liability challenges
6th September 2026
Speaking at a media briefing held during the Monte Carlo Rendez-Vous, SCOR’s Group Chief Executive Officer, Thierry Léger, and the Chief Executive Officer of SCOR Global P&C, Jean-Paul Conoscente, set out the reinsurer’s view on the forces reshaping the industry, with artificial intelligence (AI) emerging as one of the most ... Read the full article
Brian Lewis named Chief Financial Officer of Aspida Life Re
6th September 2026
Aspida Holdings, a provider of retirement and reinsurance solutions, has announced the appointment of Brian Lewis as Chief Financial Officer of Aspida Life Re. In his new position, Lewis will leverage his 13 years of leadership experience across reinsurance finance, capital management, and regulatory reporting, to oversee the financial operations of ... Read the full article
Protection gap remains ‘huge’ as third-party capital hits $140bn, reports S&P
6th September 2026
Speaking at this year’s Rendez-Vous de Septembre in Monte Carlo, senior analysts from S&P Global Ratings, a provider of credit ratings and financial analysis, set out their view of the reinsurance market’s biggest structural challenges and opportunities, from the widening protection gap to the fast-growing exposures created by AI-driven data ... Read the full article
‘Value of reinsurance has never been more evident’ as risks become more global & volatile: Munich Re
6th September 2026
At the 68th annual meeting of the reinsurance industry in Monte Carlo, Munich Re, one of the world's largest reinsurance companies, underlined the importance of a resilient reinsurance sector as risks are "becoming more global and more volatile." Munich Re describes reinsurance as society’s immune system, but warns that the industry ... Read the full article
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