Reinsurance News
property and casualty
Property and casualty insurance and reinsurance news, covering the P&C sector of the global marketplace.
Three new P&C insurers enter recovering Florida market: OIR
22nd May 2026
Three new property and casualty (P&C) insurers have entered Florida’s market as it continues to recover following historic legislative reforms, the Florida Office of Insurance Regulation (OIR) has announced. The additions of Builder Reciprocal Insurance Exchange, Frontline Insurance Reciprocal Exchange and Wingsail Insurance Company brings the total number of insurers ... Read the full article
Patriot Select Property and Casualty Insurance completes $310m cat reinsurance programme
20th May 2026
Patriot Select Property and Casualty Insurance Company, a US-based property and casualty insurer, has confirmed the successful completion of its 2026 catastrophe reinsurance programme, which will take effect on 1 June 2026. The arrangement is intended to provide financial protection against hurricane losses and severe weather events, while remaining aligned with ... Read the full article
European reinsurers deliver higher profits despite weaker revenue growth in Q1’26: Fitch
20th May 2026
Fitch Ratings, the international credit ratings and research agency, has said that Europe’s four largest reinsurers posted stronger earnings in the first quarter of 2026, although overall revenue growth declined as market conditions became less favourable. In its latest assessment, Fitch Ratings said Munich Re, Swiss Re, Hannover Re and SCOR ... Read the full article
US P&C insurance industry faces weaker growth in 2026 despite improved underwriting results
18th May 2026
The US property and casualty (P&C) insurance industry is projected to see underlying growth fall to -3.7% in the first half of 2026, down from 1.6% in 2025, as insurers continue to contend with catastrophe exposure, inflationary pressures and rising claims costs, according to new forecasts from the Insurance Information ... Read the full article
Global multiline insurers’ earnings near peak levels in 2025: S&P
14th May 2026
S&P Global Ratings, the financial research and credit ratings agency, said the world’s largest global multiline insurers continued to post strong financial performances in 2025, supported by disciplined underwriting, solid investment returns, and resilient capital positions. In a new report, the company said the 15 global multiline insurers (GMIs) it rates ... Read the full article
Aon Q1’26 market insights reports softer pricing with select areas of hardening
11th May 2026
Aon, a global professional services firm focused on risk, retirement and health solutions, reports in its Q1 2026 Global Insurance Market Insights that the insurance sector is experiencing broadly softer pricing conditions, supported by strong capacity and intensifying competition, alongside continued discipline in specific higher-risk and regulated areas. Aon notes that ... Read the full article
Moody’s maintains stable outlook for European insurers amid economic and geopolitical pressures
11th May 2026
Moody's Ratings, the international credit ratings, research and risk analysis company, has reaffirmed its stable outlook for Europe’s property and casualty (P&C) and life insurance sectors, while highlighting growing pressure from competition, slower economic growth and geopolitical uncertainty. Moody’s said profitability among P&C insurers has recovered to levels recorded before the ... Read the full article
ACORD launches advisory council to align data standards across North American P&C sector
7th May 2026
ACORD, the global standards-setting organisation for the insurance sector, has announced the creation of the ACORD Inter-Association Advisory Council (IAAC). The organisation describes the council as a coalition of major North American property and casualty associations representing independent agents, brokers and intermediaries across the distribution chain. ACORD stated that the initiative is ... Read the full article
Chubb CEO highlights misalignment between property supply-demand factors
23rd April 2026
During global insurer Chubb’s first quarter earnings call, CEO Evan Greenberg described the rapid softening in the property insurance market as “dumb,” citing a misalignment between supply-demand factors related to capital in the re/insurance industry and high intermediation costs. Chubb reported that it reduced exposures in its Major Accounts and ... Read the full article
Spinnaker Insurance reaches AM Best FSC IX amid continued capital markets activity
23rd April 2026
Spinnaker Insurance Company, a wholly owned subsidiary of Hippo Holdings that provides property and casualty solutions to the program insurance market, has reported that it has reached an AM Best Financial Size Category (FSC) of IX, representing policyholder surplus above $250 million. Spinnaker Insurance Company states that this development strengthens its ... Read the full article
Acrisure Re integrates Capital and Captives division to expand global platform
22nd April 2026
Acrisure Re, the reinsurance arm of global fintech company Acrisure, has announced the integration of its Capital and Captives division into its broader platform. The move brings together more than 275 captive specialists across North America and Bermuda, combining an established captives business with the capabilities of a specialist reinsurance broker ... Read the full article
US P&C insurance industry saw strongest underwriting results in 20 years in 2025: Fitch
20th April 2026
In 2025, the US property/casualty insurance industry delivered its strongest underwriting performance in two decades, according to a newly released report by Fitch Ratings. Last year, the sector achieved its second consecutive year of underwriting profitability after the underwriting losses seen in 2023 and 2024. “After adjusting industry investment earnings for large ... Read the full article
NFP expands flood risk services and appoints national practice leader
17th April 2026
NFP, an Aon company and a property and casualty broker and benefits consultant, has introduced a dedicated Flood Practice for its Personal Risk clients, and named Dana Sutton as its national leader for the practice. Sutton, who serves as a vice president at NFP, has over 15 years of experience working ... Read the full article
Evercore ISI flags mounting pressures across P&C insurance
10th April 2026
Evercore ISI, the investment research arm of Evercore, has outlined a challenging backdrop for the property and casualty (P&C) insurance sector in its first-quarter 2026 preview, pointing to increasing cyclical pressure across commercial, personal, and reinsurance markets. Evercore ISI emphasises that a combination of softening pricing conditions and ongoing technological disruption ... Read the full article
Property rate declines to pressure top-line growth in 2026: TD Cowen
9th April 2026
According to recent analysis by US-based investment bank and research firm, TD Cowen, rate declines, most notably in property, are pressuring top-line growth and underwriting results for specialty and reinsurance carriers in 2026. During the recent April renewals, which are heavily Asia-focused, brokers noted a 15-20% decline in Japan property-cat ... Read the full article
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