Reinsurance News

Casualty reinsurance

Casualty reinsurance provides insurers with protection against large, unexpected losses from liability-based risks.

Casualty lines of business include claims arising from legal responsibility for injury or damage to others, including auto liability, medical malpractice, D&O (Directors & Officers), as well as product liability, errors and omissions (E&O), and many more niche liabilities.

The casualty reinsurance market is a significant component of the global reinsurance market and its risks have a far longer-tail than many catastrophe or specialty lines.

As such, casualty reinsurers are highly specialised and the casualty market also makes use of run-off and legacy reinsurers, to enable them to gain finality on elements of their casualty reinsurance portfolios.

Read all our casualty reinsurance news below.

Property cat rates strongly adequate, large loss needed to substantially adjust pricing: RenRe CEO

19th March 2026

Property catastrophe rates remain strongly adequate, so a relatively large loss would be needed to drive a meaningful adjustment, said RenaissanceRe’s CEO Kevin J. O'Donnell, though he noted that it is not the catastrophe itself that shifts rates, but the cumulative effect of rising loss trends and inflation gradually outpacing ... Read the full article

Capital management, portfolio quality prioritised over growth, says Conduit Re CEO

18th February 2026

Conduit Re, a Bermuda-based global reinsurance company, has grown its top-line from nought to more than $1.2 billion in the five years since its inception, and while very robust, Chief Executive Officer (CEO) Neil Eckert told Reinsurance News that the emphasis is on capital management and portfolio quality rather than ... Read the full article

Reinsurance margins under pressure but we still like the business: Arch CEO

10th February 2026

Bermuda-based Arch Capital Group Ltd.'s reinsurance arm delivered record underwriting income of $1.6 billion for the full year 2025, and while the firm saw property catastrophe rate declines between 10% and 20% at the January renewals, with additional pressure expected throughout 2026, CEO Nicolas Papadopoulo has emphasised that Arch still ... Read the full article

Property cat rates an obvious headwind for Guy Carpenter but there’s ample growth areas: Klisura, Doyle

29th January 2026

As parts of the reinsurance market, notably property catastrophe, saw prices soften further at the 1.1 2026 renewals, and with this trend expected to persist for subsequent 2026 renewals, reinsurance broker Guy Carpenter will have headwinds, but management also sees ample opportunity for growth in the months ahead. Guy Carpenter, ... Read the full article

Calidris marks market entry with sidecar transaction and leadership expansion

22nd January 2026

Calidris Investment Partners, a Bermuda-based investment manager specialising in the insurance sector, has announced its market entry with the successful completion of its inaugural insurance sidecar transaction and the expansion of its senior leadership team. The firm, which is backed by Redbird Capital Partners, served as lead investor in the launch ... Read the full article

AM Best shifts global reinsurance outlook to stable as property rates soften and casualty issues persist

20th January 2026

A combination of accelerated price softening in the property segment with a modest relaxation of certain terms and conditions, as well as ongoing challenges in the casualty space, the heightened frequency and severity of natural catastrophes, and ongoing macroeconomic uncertainty, has caused AM Best to revise its global reinsurance sector ... Read the full article

Howden observes improved supply/demand dynamics at casualty reinsurance renewals

7th January 2026

Howden has revealed that the January 1 casualty reinsurance renewals benefited from improved supply and demand dynamics, with performance-driven US outcomes amid ongoing long-tail and reserving pressures, while international placements were generally stable despite tougher renewals for programmes with US exposure. According to the firm’s latest renewal report, the US casualty ... Read the full article

US casualty reinsurers prioritise portfolio diversification and long-term relationships at 1.1: Guy Carpenter

2nd January 2026

In a notable reversal of recent market trends, the January 1, 2026, reinsurance renewal cycle saw difficult casualty placements being traded for property positions - the exact opposite of the trade seen just three years ago, according to a recent Guy Carpenter report. The casualty reinsurance renewals had nuanced outcomes based ... Read the full article

Ledger Investing to bring AI and efficiency to reinsurance & ILS market with Korra

9th December 2025

Ledger Investing has launched Korra, a separate SaaS platform company that aims to bring efficiency, transparency, and intelligence to the casualty reinsurance and insurance-linked securities (ILS) market. Korra connects insurers, MGAs, reinsurers, and institutional investors through an integrated suite of applications and AI-driven workflows that support the full reinsurance lifecycle – ... Read the full article

No basis to expect Everest’s casualty reinsurance to mirror insurance portfolio: CEO Williamson

29th October 2025

Jim Williamson, Chief Executive Officer (CEO) of global insurer and reinsurer, Everest Group, said yesterday that there's no reason to expect the firm's casualty reinsurance portfolio to perform in the same way as its "bottom quartile" primary casualty book. This week, Everest reported its third quarter 2025 financials, revealing a ... Read the full article

Clear evidence re/insurance industry is still cyclical: W. R. Berkley CEO

21st October 2025

Re/insurance market dynamics through the third quarter shows that the industry is still cyclical, and while there's still margin in the property catastrophe reinsurance business, it is eroding and is no longer as attractive as it was in recent times, with further softening expected, according to Rob Berkley, Chief Executive ... Read the full article

Commitment to long-term stability will ensure enduring success: QBE Re’s Killourhy

21st October 2025

Executives at QBE Re noted that while they have seen some market softening, it remains manageable where rates are adequate, with some pricing pressures expected in property at 1.1, the casualty market to remain broadly stable, and a focus on discipline and long-term partnerships in specialty lines. In an interview with ... Read the full article

Reinsurance market remains resilient with sellers eager to deploy capacity: Doyle, MMC

16th October 2025

The reinsurance market remains resilient in the face of elevated losses from natural catastrophe events, geopolitical instability and an uncertain macroeconomic landscape, with reinsurers eager to deploy capacity as competition increases, according to John Doyle, President of global broking group, Marsh McLennan (MMC). Doyle commented on insurance and reinsurance market conditions ... Read the full article

RVS Roundtable: The market is striking a balance but creativity needed in competitive environment

18th September 2025

At the 67th Rendez-Vous de Septembre in Monte Carlo last week, Reinsurance News held its annual executive roundtable, during which eight experts and leaders from across the industry discussed the sustainability of current market conditions, the outlook for the 2026 renewals and beyond, reinsurer discipline, the casualty space, while the ... Read the full article

It’s a dynamic, competitive yet reasonably disciplined reinsurance market: Urs Baertschi, Swiss Re

3rd September 2025

The reinsurance industry has been operating reasonably efficiently and has shown resilience to large losses like the Los Angeles wildfires in January, and, after the 2025 renewal periods, Urs Baertschi, Chief Executive Officer (CEO) of Property & Casualty (P&C) Reinsurance at industry giant Swiss Re, expects discipline to be maintained. Read the full article