Reinsurance News

Reasonable balance in nat cat risk sharing between re/insurers: Swiss Re’s Baertschi

8th September 2025

During the 2025 Rendez-Vous de Septembre (RVS) in Monte Carlo, Urs Baertschi, CEO Property & Casualty Reinsurance at Swiss Re, said that there is a reasonable balance between insurance and reinsurance companies around risk sharing for natural catastrophes. Baertschi said, “Right now, the risk sharing between insurance companies and reinsurance companies ... Read the full article

Lockton Re outlines strategies to drive cyber insurance growth through 2030

8th September 2025

Lockton Re, the reinsurance arm of the privately held independent insurance broker, has released a major report titled Cyber Insurance 2030: Charting a Course for Growth. The report examines the opportunities and challenges facing the cyber insurance market over the next decade, highlighting the innovations in product design, capital allocation, and ... Read the full article

Innovation and technology key to narrowing protection gap: Henchoz at PwC RVS event

8th September 2025

Innovation, technology, and a culture of experimentation are essential for the reinsurance industry to close the protection gap, said Jean-Jacques Henchoz, Chairman of the Board at BMS Group and former Hannover Re CEO, speaking at PwC’s annual breakfast briefing during this year’s RVS in Monte Carlo. Despite industry efforts to narrow ... Read the full article

Kin raises $50m in Series E financing led by QED Investors and Activate Capital

8th September 2025

Kin, a direct-to-consumer home insurer, has closed an oversubscribed $50 million Series E round at a $2 billion pre-money valuation, led by QED Investors and Activate Capital with participation from both new and existing backers. Simultaneously, the insurer also closed on a $200 million debt facility led by Wellington Management, $145 ... Read the full article

Howden Re and Reask partner to address emerging risks in Europe

8th September 2025

Howden Re, the global reinsurance broking arm of Howden Group, has partnered with Reask, a provider of climate-driven modelling solutions to enhance insurers’ ability to assess and manage the growing impact of emerging perils in France and the UK. The pair's collaboration highlights a broader shift: as climate risk intensifies, modelling ... Read the full article

CatX and Cactus to merge, launch AI-driven risk platform in Bermuda

8th September 2025

Bermuda-based insurance technology firms CatX and Cactus have announced plans to merge, forming the island’s largest insurance software company. CatX provides AI-based risk intelligence and workflow tools for property, specialty, and catastrophe insurance, as well as a regulated digital exchange connecting insurers with investment funds. Cactus offers a digital workspace for underwriting ... Read the full article

Strong specialty market fundamentals present growth opportunities for reinsurers: GC

8th September 2025

Despite navigating an evolving risk landscape, the global specialty insurance and reinsurance market is healthy, supported by strong fundamentals, such as reinsurer consensus on price adequacy, increased retained earnings, growth in dedicated reinsurer capital and continued appetite for expansion, according to James Boyce, CEO of Global Specialties, Guy Carpenter. In Guy ... Read the full article

APAC reinsurance market to remain soft: Fitch Ratings

8th September 2025

Pricing in the Asia-Pacific (APAC) reinsurance market is expected to remain soft in 2025, which reflects increased capacity and ample retrocession, Fitch Ratings’ Asian Reinsurance Monitor: 2025. The result is increased competition in an environment that raises underpricing risks amid complex catastrophe and emerging risk exposures, potentially weighing on margins and ... Read the full article

We expect continued growth despite more challenging rate environment: Althoff, Hannover Re

8th September 2025

Sven Althoff, Member of the Executive Board for Property & Casualty at Hannover Re, said this morning at the reinsurer's breakfast briefing in Monte Carlo at RVS 2025, that the company will continue to benefit from increased demand as it continues to focus on building "long-term, broad and deep relationships ... Read the full article

Aon launches new analytics solutions to improve catastrophe response

8th September 2025

Aon, a global insurance and reinsurance broking group, has launched an enhanced Event Analytics platform with the aim of providing integrated hazard, exposure, and loss data via a single, seamless interface. Aon explained, this solution supports re/insurers’ catastrophe response before, during, and after an event. The solution has capabilities to gauge ... Read the full article

Tail property cat evolves — Few new entrants: MS Re’s Charles Goldie

8th September 2025

In an interview with Reinsurance News around the annual meeting of the reinsurance industry in Monte Carlo, Charles Goldie, Chief Underwriting Officer at MS Reinsurance, said he expects the January 1st, 2026, renewals to resemble last year’s, while noting two trends in this cycle that are playing out differently: the ... Read the full article

Ryan Specialty establishes new collateralised reinsurance vehicle

8th September 2025

Ryan Specialty, an international specialty insurance firm, has launched a new collateralised reinsurance vehicle, Ryan Alternative Capital Re, Ltd. (RAC Re), to expand capacity within Ryan Specialty Underwriting Managers’ (RSUM) portfolio of syndicated delegated authority property and casualty (P&C) insurance business. RAC Re will provide RSUM with an anticipated $900 million ... Read the full article

Reinsurance optimisation key as market faces volatility: Guy Carpenter’s Klisura

8th September 2025

Dean Klisura, President and CEO of Guy Carpenter, has urged insurers to begin optimising their reinsurance programmes ahead of the 2026 renewals, focusing on expanded coverage, product innovation, broader peril protection, and earnings stability. "Preparedness on exposures, the potential for inflation, balance sheet resilience and sustainable growth are key areas of ... Read the full article

Reinsurance market conditions sustainable, it is a good time to deploy capacity: Howden Re’s Flandro

8th September 2025

The current reinsurance market is sustainable, and it is a good time for reinsurers to deploy capacity, as cedents are hungry for it, Howden Re’s David Flandro highlighted in an interview with Reinsurance News during RVS 2025 in Monte Carlo. In order to understand how we got to the current market, ... Read the full article

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