Reinsurance News

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

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