Reinsurance News
Life reinsurance news
Life reinsurance industry news, analysis and insights.
The life reinsurance market is a core piece of the sector and life risks, from mortality, to longevity, annuity risk, and more, are a key diversifier for the large global reinsurance carriers, while there are also numerous large specialist life and annuity reinsurers in the sector as well.
Our life reinsurance market news stories cover happenings in the life reinsurance industry, people moves, new company launches, life reinsurance company results, product innovation and more.
AM Best maintains stable outlook for global life reinsurance market
8th September 2026
Credit rating agency AM Best has maintained its stable outlook for the global life reinsurance segment, driven by the expected moderate growth in global life channels and a concentrated traditional reinsurance market, which is dominated by several highly rated, diversified, and well-capitalised global companies with favourable underwriting results. The report noted, ... Read the full article
Solid capital and annuity demand fuels global life & annuity reinsurers’ growth: AM Best
26th August 2026
The global life and annuity (L/A) reinsurance market remains well capitalised and positioned for sustained expansion, driven by increased dedicated capital for traditional life coverage and a surge in third-party backing for asset-intensive annuity business, according to a new report by AM Best. The report, titled “Global Life/Annuity Reinsurers Remained Poised ... Read the full article
EU life re/insurers well positioned to manage excess mortality driven by heatwaves: S&P
20th August 2026
European life re/insurers remain well positioned to assess and manage the growing risks of heatwaves as these become one of the continent’s deadliest climate risks, according to a recent S&P report. Europe is warming at roughly twice the global average rate. Tens of thousands of additional deaths recorded during recent heatwaves ... Read the full article
Third asset-intensive flow reinsurance transaction completed by Pacific Life Re in Japan
19th August 2026
Pacific Life Re, the global reinsurance business of Pacific Life, has announced the completion of its third asset-intensive flow reinsurance transaction in Japan, executed with a leading Japanese life insurance company. This transaction, which involved the reinsurance of whole of life liabilities through another new flow counterparty, builds on the firm's ... Read the full article
Christian Howells to lead Willis Re’s new Global Life Reinsurance Practice
22nd July 2026
Willis Re, the reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has launched a Global Life Reinsurance Practice, with Christian Howells set to lead it as Head of Life Reinsurance. According to Willis Re, the new practice has been created to provide independent life reinsurance advisory and ... Read the full article
Christian Howell joins Willis Re to help spearhead global life reinsurance entry
14th May 2026
Christian Howell is joining Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, as a member of the senior team responsible for spearheading its launch into the global life reinsurance sector. Most recently, Howell served at Macquarie Asset Management, where he worked as the Head ... Read the full article
P&C profitability nears peak amid rising competition and strong balance sheets, says Moody’s
30th March 2026
According to Moody's Ratings, a provider of credit ratings and risk analysis, profitability in the property and casualty (P&C) reinsurance sector appears to have reached its peak as competition intensifies across all lines of business. Moody’s reports that in 2025, the combined ratio of four major European reinsurers, Hannover Re, Munich ... Read the full article
Pacific Life Re strengthens presence in Dutch market with €1.3bn longevity swap
18th February 2026
Life reinsurer Pacific life Re has strengthened its presence in the Dutch market with the completion of a €1.3 billion longevity swap reinsurance transaction with Aegon Levensverzekering N.V., part of the a.s.r. group. This agreement is Pacific Life Re’s second longevity reinsurance transaction in the Netherlands, following its landmark €2bn ... Read the full article
Canada Life Re base earnings up 11% in Q4’25 amid strong demand for capital efficient solutions
16th February 2026
Canada Life Reinsurance, the Capital and Risk Solutions (CRS) reinsurance business of Great-West Lifeco, had a strong end to 2025 with fourth quarter base earnings rising 11% year-on-year on a reported basis to CAD 258 million, while net earnings remained flat at CAD 203 million. Double-digit base earnings growth in the ... Read the full article
InEvo Re marks significant step with third reinsurance transaction
23rd December 2025
Bermuda-based InEvo Re, a specialist life reinsurer backed by Macquarie Asset Management, has announced the successful completion of its third reinsurance transaction since its launch earlier this year. The latest deal, finalised with a UK-based life insurer, marks a significant expansion of the firm’s footprint in the competitive UK Pension Risk ... Read the full article
AM Best assigns credit ratings to AIG subsidiary American International Reinsurance Global
26th November 2025
Credit rating agency AM Best has assigned American International Reinsurance Global (AIRG), a Bermuda-based AIG subsidiary, a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent), and assigned a positive outlook. These credit moves reflect AIRG balance sheet strength, assessed as very strong by AM ... Read the full article
Everest the top Bermuda reinsurer in 2024 with GWP of $12.9bn: AM Best
27th August 2025
Bermuda’s reinsurance sector maintained its global prominence in 2024, with several of its leading players climbing the premium rankings for non-IFRS 17 reporters, according to data from global rating agency AM Best. Our directory of the top 50 global reinsurers, based on AM Best's data, reveals that Everest is the ... Read the full article
AM Best data highlights strong life reinsurer performance in 2024
21st August 2025
Reinsurance Group of America (RGA) is the world’s largest reinsurer focused solely on life reinsurance and ranks third overall among companies that also write non-life reinsurance, based on AM Best’s full-year 2024 data for firms reporting under non-IFRS 17. In AM Best’s Top Global Reinsurance Groups rankings, RGA rose from ... Read the full article
Fitch highlights strong growth in North American life reinsurance in 2024
21st July 2025
According to Fitch Ratings, a credit rating agency, North American life reinsurance experienced significant growth in 2024, driven by expanding partnerships between insurers and alternative investment managers, increased reliance on offshore reinsurance platforms, and a record-setting year for annuity sales. In its analysis, Fitch notes that reserves ceded by insurers—measured through ... Read the full article
Bermuda continues to lead offshore life/annuity reinsurance: AM Best
7th July 2025
With over 40% of total ceded reserves for US life-annuity writers in 2024, Bermuda continues to be a “driving force” in offshore reinsurance, according to a recent report by AM Best. The report, titled “Bermuda Remains the Largest Offshore Life/Annuity Reinsurance Domicile,” further notes that Bermuda was involved in over 60% ... Read the full article
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