Reinsurance News
Fitch Ratings news
News featuring rating agency Fitch Ratings, including the latest reports, rating actions and analysis from the company, as well as news on Fitch’s analysis of the reinsurance sector.
Mid-single-digit billions of dollars loss from Isaias unlikely to affect P&C re/insurer credit profiles, says Fitch
13th October 2026
A wide rage of insurers and reinsurers are expected to be impacted by Hurricane Isaias, which made landfall as a Category 2 storm in the Florida Panhandle on October 9th, but while the event is expected to drive moderate economic and insured losses, Fitch says it is "not likely to ... Read the full article
Fitch upgrades Hannover Re’s outlook to positive, maintaining ‘AA-’ rating
9th October 2026
Fitch Ratings has changed its outlook on Hannover Re, one of Europe's big four reinsurers, and its subsidiary E+S Rückversicherung AG (E+S Re) from Stable to Positive, while maintaining both companies’ Insurer Financial Strength (IFS) Ratings at ‘AA-’. The decision reflects Fitch’s assessment of Hannover Re’s financial resilience, strong capitalisation and ... Read the full article
Fitch upgrades Beazley’s rating, cites strategic importance to Zurich
7th October 2026
After Zurich Insurance Group completed its 100% acquisition of specialist insurer Beazley, Fitch Ratings has upgraded the Insurer Financial Strength (IFS) Rating of Beazley Insurance DAC to 'AA' from 'A+', and also upgraded the Long-Term Issuer Default Ratings (IDRs) of the Dublin subsidiary and Beazley plc to 'AA-' from 'A'. On ... Read the full article
Fitch survey suggests further property cat reinsurance declines at 2027 renewals
23rd September 2026
60% of respondents to a recent Fitch Ratings survey expect further price falls in the property cat reinsurance segment at the 2027 renewals, though most think price declines will not exceed 10%, suggesting a more moderate pace of decline than in previous renewals. The rating agency's new survey included reinsurance market ... Read the full article
Colombia Earthquake to have limited impact on insurer ratings: Fitch
18th September 2026
Fitch Ratings, the credit ratings agency, says Colombia’s August earthquake is unlikely to result in changes to insurers’ ratings, but warns that the disaster will put pressure on industry earnings during the second half of 2026, with the effects potentially extending into subsequent quarters as insurers receive, assess and settle ... Read the full article
Fitch expects strong growth in offshore life reinsurance to continue
10th September 2026
Fitch Ratings expects strong growth in offshore life reinsurance to continue, with Bermuda remaining the dominant primary jurisdiction. Offshore reserves ceded by U.S. life insurers have nearly doubled since 2020, amounting to $1.3 trillion in 2025. This growth reflects capital optimisation, strategic partnerships between insurers and alternative investment managers, sidecar creation and ... Read the full article
Reinsurance sector set for ‘controlled descent’ as margins come under pressure: Fitch
6th September 2026
As the global reinsurance sector enters a period of decelerating growth and margin compression, driven by excess capital and softening rates, Manuel Arrive, CFA, Director, Insurance at Fitch Ratings, said the base case is a “controlled descent, not a fall off a cliff.” Speaking during a briefing at the 68th edition ... Read the full article
Competition and capacity put APAC reinsurance margins under pressure, Fitch says
6th September 2026
Fitch Ratings, a global credit ratings and research agency, expects competition and abundant reinsurance capacity to put further pressure on margins across the Asia-Pacific market in 2026. The agency says the continued availability of capital is likely to weigh on pricing, with reinsurers potentially offering more favourable terms to selected portfolios. ... Read the full article
Fitch maintains ‘deteriorating’ outlook for global reinsurance sector for 2027
4th September 2026
Fitch Ratings, the global credit rating agency, has maintained its 'deteriorating' outlook on the global reinsurance sector for 2027. According to Fitch, this reflects operating conditions that are weakening gradually from levels the agency continues to regard as sound. Fitch attributes the outlook to its expectation of further price declines in 2027, ... Read the full article
Reinsurers maintain cautious approach to data centre accumulation risk: Arrivé, Fitch
3rd September 2026
Manuel Arrivé, Head of EMEA Reinsurance Ratings at Fitch Ratings, said the growth of data centres and digital infrastructure in general presents both an opportunity and significant risk for reinsurers due to potential exposure, accumulation risk and modelling challenges. During Fitch’s 2027 Global Reinsurance Outlook webinar, Arrivé noted that reinsurers tend ... Read the full article
T&Cs to offer ‘growing flexibility’ to cedants at 2027 renewals: Fitch
25th August 2026
A new report from Fitch Ratings has suggested that global reinsurance pricing will soften further at the 2027 renewals, with terms and conditions offering cedants increasing flexibility as excess supply continues to outpace modest demand growth. "The 2026 renewals demonstrated a strong shift to a buyers’ market, particularly for property risk, ... Read the full article
Non-life reinsurers post improved underwriting profit but sector is ‘challenging’, says Fitch
25th August 2026
In its latest report on global and Bermuda reinsurers, Fitch Ratings has disclosed that non-life reinsurers reported improved underwriting profitability year over year in the first half of 2026, driven by lower catastrophe losses. However, Fitch emphasises that the global reinsurance sector is "challenging, with abundant capacity, and intense competition", which ... Read the full article
Bermuda re/insurers post strong H1’26 results as cat losses ease: Fitch
20th August 2026
Fitch Ratings, a global credit ratings and research agency, said Bermuda-based re/insurers delivered a strong financial performance during the first half of 2026, helped by a reduction in catastrophe-related losses. However, the company noted that challenging market conditions, including abundant capacity and strong competition, continued to weigh on pricing and premium ... Read the full article
Consecutive price reductions at renewals to feed through to big four’s earnings: Fitch
20th August 2026
According to Fitch Ratings, the four largest European reinsurers, Munich Re, Swiss Re, Hannover Re, and SCOR, reported a stable, record average return on equity of 21.5% in H1 2026, supported by strong underwriting and investment results. However, the rating agency expects the adverse effects of ... Read the full article
German non-life insurers maintain underwriting discipline despite strong profitability: Fitch
18th August 2026
In 2025, German non-life insurers maintained strong underwriting discipline despite achieving very strong underwriting profitability, according to Fitch Ratings. In a recent report, Fitch said German non-life insurers outperformed expectations in 2025. Nevertheless, the ratings agency is maintaining its forecast for the sector’s net combined ratio at 95% for 2026, up ... Read the full article
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