Reinsurance News
Life/Health
Swiss Re L&H Europe announces leadership updates
15th December 2025
Swiss Re, a global provider of reinsurance, insurance, and risk solutions, has announced a series of leadership changes within its Life & Health (L&H) Europe business. The announcement outlines new appointments and role transitions designed to strengthen collaboration across regional hubs, streamline operations, and ensure clients and partners continue to receive ... Read the full article
Improving metabolic health could reduce cancer claims in L&H, says Swiss Re
19th August 2024
Improving lifestyle and metabolic health has significant potential to reduce cancer-related claims in Life & Health (L&H) insurance within a few years, according to Tobias Schiergens and John Schoonbee of Swiss Re. Schiergens, the Senior Global Medical Officer, CUO L&H Reinsurance, and Schoonbee, the Global Chief Medical Officer, note that cancer ... Read the full article
Pacific Life Re strengthens savings & retirement team with key promotions
11th July 2024
Pacific Life Re, a company in the life and health reinsurance sector, is growing its client solutions team in the savings and retirement business. This expansion will enhance their ability to support clients as the business grows in both current and new markets. Philip Edbrooke is now Vice President, Client Solutions (UK ... Read the full article
Addressing climate change health risks: GA and Wellcome
28th February 2024
The Geneva Association (GA) and Wellcome have recently published a joint report providing a clear framework for understanding how climate change impacts people's health. This report also offers recommendations for health and life insurance companies on addressing these risks. While insurance firms are familiar with handling claims related to property damage ... Read the full article
Long-term mortality improvement trends for insurance in the near future: Swiss Re
26th May 2023
Swiss Re is forecasting long-term mortality improvement trends for insurance. The company’s latest report, “The Future of life expectancy” shows that although, gains in human longevity have tapered off over the last decade, the next wave of improvements is on its way. Life expectancy improvements typically come in waves following major ... Read the full article
US L/H segment rating activity in H1 2022 mixed with stable outlooks: AM Best
8th September 2022
Ratings activity for the US life/health (L/H) segment in the first half of 2022 has been mixed, with the percentage of upgrades increasing while the percentage of downgrades decreased slightly, according to a recent report by AM Best. Additionally, according to the US L/H Ratings Activity in 2022 Mixed as Insurers ... Read the full article
Japan life recovery could take until 2024: GlobalData
20th May 2021
Analysts at GlobalData have warned that it could take until 2024 for growth rates in the Japanese life insurance market to return to their pre-COVID-19 levels. The industry is expected to recover from 2021 onwards and increase at a compound annual growth rate (CAGR) of 1.8% over the next three years, ... Read the full article
M&A environment still favourable for health insurers: AM Best
6th May 2021
The environment for mergers and acquisitions (M&A) among U.S. health insurers remains favorable as they continue to seek out diversification and growth opportunities, according to analysts at AM Best. The rating agency noted in a recent report that health insurers reported record earnings and accumulated a significant amount of cash in ... Read the full article
Interest rates to pressure European life earnings through 2021: Fitch
27th April 2021
Analysts at Fitch Ratings have forecast that European life re/insurers’ earnings will be under pressure through 2021, due to the protracted low interest rate environment. As a result of these low interest rates, investment margins will be reduced, making it difficult for insurers to finance policyholders’ liability with capital guarantees, the ... Read the full article
US life & annuity still faces challenges, says AM Best
17th March 2021
Analysts at AM Best have warned that the US life and annuity (L/A) sector still faces significant challenges despite weathering the COVID-19 pandemic so far. The rating agency noted that most US L/A companies remain well capitalised and have benefited from favorable mortality and morbidity experience, low credit impairments and rebounding ... Read the full article
Lemonade launches life insurance using Bestow platform
10th February 2021
Insurtech firm Lemonade has announced that it will power its recently launched life insurance offering with the Protect API platform from Bestow, a digital life insurance company. Using Bestow’s platform, Lemonade customers can apply for instant insurance online using Lemonade’s website and apps. Customers are underwritten in real-time, using third-party data to ... Read the full article
RGA to acquire Hodge Life Assurance Company
4th February 2021
Life and health reinsurance company, Reinsurance Group of America, Incorporated (RGA), has entered into an agreement to acquire 100% of the share capital of Hodge Limited's PRA authorised life insurer, Hodge Life Assurance Company Limited (HLAC). HLAC, which has annuity liabilities of roughly £570 million (USD 780 million), intends to stop ... Read the full article
LTC performance adds pressure to life re/insurers: AM Best
22nd January 2021
AM Best has reported that continued poor performance from inadequate pricing is a significant issue for US long-term care (LTC) re/insurers, owing to low interest rates, improving mortality, rising morbidity and policyholder utilisation assumptions. The rating agency noted that loss ratios in the “beleaguered” LTC market continue to climb, with individual ... Read the full article
Swiss Re sees short-term health insurance as growth driver in China
12th January 2021
A new report from Swiss Re has identified short-term health insurance as a growth driver for non-life re/insurers operating in China. According to data from Swiss Re, short-term health insurance premiums rose by 35% in China during the first 11 months of 2020, boosted by digital sales and risk-conscious consumers with ... Read the full article
2020 US medical claims lower than expected: Aon
10th December 2020
A new report from global insurance and reinsurance broker Aon shows that medical claims in 2020 are estimated to increase at a rate of 5 percentage points lower than initially estimated by US insurers due to COVID-19. The survey also predicts that the pandemic will increase US employer medical claims by an ... Read the full article
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