Reinsurance News

Insurance and reinsurance pricing news

News on pricing in global insurance and reinsurance markets, with a particular focus on renewal rates on line in reinsurance and commercial insurance pricing trends.

US personal motor and home insurance rate changes ease towards pre-pandemic patterns in 2025: AM Best

19th May 2026

AM Best, the credit rating agency, has reported that average annual rate increases for US private passenger motor and homeowners insurance in 2025 have moved closer to levels seen before the pandemic period. The company notes that this follows several years in which both lines saw substantial increases, driven by higher ... Read the full article

The Baldwin Group reports further softening in Q1’26 property insurance market

11th May 2026

The Baldwin Group, a US-based insurance distribution and risk management firm, has published its Q1 2026 Property Market Pulse report, outlining pricing movements and underwriting conditions across its property insurance portfolio. Based on trends identified within the company’s own book of business, the report highlights a continuation of softening market conditions ... Read the full article

Commercial P&C pricing environment textured and nuanced, says Chubb CEO

17th March 2026

In a letter to shareholders following the disclosure of record 2025 results, Evan G. Greenberg, Chairman and Chief Executive Officer of Chubb, highlighted the firm’s underwriting discipline as key to navigating multiple hard and soft market cycles, noting that while the commercial P&C pricing environment is softening, the shift is ... Read the full article

European reinsurer price declines less severe than broker headlines: JP Morgan

13th February 2026

Price declines reported so far by European reinsurers are much less severe than the figures reported by reinsurance brokers, aided by diversified portfolios which help to buffer the impact, according to JP Morgan analysts. The report from JP Morgan states that European reinsurers struggled at the start of 2026, falling 4.2% ... Read the full article

Reinsurance cycle shows signs of stability, but T&Cs to face strain: Autonomous

2nd February 2026

New research from Autonomous has suggested there are grounds for optimism that the current reinsurance cycle is a "little more rational” than those that came before, although terms and conditions are set to face increasing pressure as 2026 progresses. In a new report, Autonomous explained that the reinsurance cycle is often ... Read the full article

Fitch predicts further re/insurance softening in 2026, but ROEs to stay strong

19th January 2026

The insurance and reinsurance market is expected to experience further softening in 2026, yet profitability is to remain robust, with returns on equity (ROEs) remaining above the industry’s cost of capital, Fitch Ratings notes in a recent report. Fitch forecasts that while ROEs may dip from the high teens seen in ... Read the full article

Losses need to be exceptionally high to shift European reinsurance prices: J.P. Morgan

16th January 2026

According to J.P. Morgan, European reinsurance profitability is well above historical levels, meaning the shock required would need to be material in order to reverse the current trajectory of reinsurance prices. In its recent report, J.P. Morgan described stronger reinsurance industry profitability as “a blessing and a curse.” This means profits remain ... Read the full article

Re/insurance cycle set for gentler multi-year easing after January drop: KBW

9th January 2026

Top re/insurance executives have told KBW that the pricing cycle looks steeper because sharp 2023 rate hikes left more room for cuts, while a long-term pattern of higher highs and higher lows reflects stronger risk awareness among buyers and sellers and suggests a few more years of easing rates, albeit ... Read the full article

Property cat pricing to drift lower at Jan renewals but still attractive for reinsurers: Moody’s Ratings

17th December 2025

Moody's Ratings expects reinsurance supply and demand to favour buyers at the key January 1st, 2026, renewals, with pricing for property catastrophe reinsurance likely to fall in the range of 15%, with variations by both region and peril. After reaching highs in 2023 after the so-called reset, property catastrophe reinsurance pricing ... Read the full article

Jefferies flags further property pricing deterioration after mild hurricane season

17th December 2025

In a new report, Jefferies analysts have warned that risk-adjusted pricing is set to deteriorate further, with a benign hurricane season potentially triggering 10–15% declines. According to the analysts, property risk-adjusted rates turned negative at the 1/1/2025 renewals, with reinsurance brokers/carriers mostly citing mid-single-digit decreases worsening to ~5-10% at 2025 mid-year ... Read the full article

Firms continue to see attractive opportunities in property cat reinsurance: TD Cowen

8th December 2025

Despite ongoing pricing pressures, the management teams TD Cowen spoke with ahead of the January 1, 2026, renewals continue to see attractive opportunities in property catastrophe reinsurance. According to the firm, commentary during its trip on property catastrophe reinsurance pricing for the 1/1/26 renewals was slightly more negative than during the ... Read the full article

Guidewire to help accelerate P&C insurers’ product innovation with new PricingCenter application

28th October 2025

Property and casualty (P&C) insurance platform Guidewire has unveiled PricingCenter, a new application that aims to revolutionise insurance pricing and rating by increasing efficiency, improving accuracy, and speeding time to market. Purpose-built for actuaries, pricing teams, and IT developers, PricingCenter unifies and modernises the pricing and rating lifecycle, from model design ... Read the full article

Commercial insurance rates fall in Q3’25 as competitive market proves advantageous: Marsh

23rd October 2025

Global insurance and reinsurance broker Marsh reported in its latest Global Insurance Market Index that worldwide commercial insurance rates fell, on average, by 4% in Q3 2025, continuing the 4% decline observed in Q2 2025. John Donnelly, President, Global Placement, Marsh, said, "With the exception of US casualty, clients are benefiting ... Read the full article

Europe’s big four performed better than expected in the last soft cycle: J.P. Morgan

17th October 2025

As the reinsurance market softens from the highs of 2023, with further pressure on pricing expected at the upcoming January renewals, analysis by J.P. Morgan reveals that for Europe's big four reinsurers, results were better than expected in the last soft market. If the final quarter of the year is as ... 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