Reinsurance News
property cat
Property cat pricing trending down mid-teens at mid-year renewals: BMO Capital Markets
26th May 2026
Property catastrophe reinsurance pricing is trending down mid-teens for the mid-year 2026 renewals, meeting or beating market expectations, according to BMO Capital Markets, who also expect prices to stay under pressure absent a significant $100 billion or more of reinsurance losses. Unlike previous soft market cycles, analysts at BMO note that ... Read the full article
Arch navigates competitive property cat market, sees growth opportunities in casualty
30th April 2026
Global insurer and reinsurer Arch Capital's outlook for the midyear renewals for property catastrophe reinsurance suggests a competitive market, signalling a possible strategic adjustment in response to expected rate decreases. During the company’s latest earnings, call Arch’s CEO Nicolas Papadopoulo commented on the property cat reinsurance space: “We don't have a ... Read the full article
New reinsurance demand is trending higher than we thought at Jan 1, says RenRe CUO
29th April 2026
David Marra, Group Chief Underwriting Officer (CUO) of Bermuda-based reinsurer RenaissanceRe (RenRe), said today that new demand for reinsurance protection ahead of the mid-year renewals is trending higher than the firm expected at January 1, with RenRe seeing "really good opportunities" to deploy capital. During RenRe's recently held Q1 2026 ... 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
Supply / demand dynamics to persist in property cat, but there’s strong rate adequacy in mid-year renewals: RenRe
5th February 2026
Bermuda-based reinsurance company, RenaissanceRe (RenRe), expects the supply demand dynamics in property catastrophe that played out at the January 1st renewals to persist into the mid-year renewals, but believes that the robustness of rate adequacy will produce a similar outcome to what the firm achieved at 1.1 2026, according to ... Read the full article
Buyers’ market to persist through 2026, some to seek additional reinsurance: Gallagher
30th January 2026
A buyers' market is anticipated to continue throughout this year, and while some carriers are satisfied with the reinsurance programmes they secured during the January 1 renewal season, others are expected to look for additional protection later in 2026, J. Patrick Gallagher, Jr., Chairman and CEO of Gallagher, predicts. Following a ... Read the full article
US Property cat price declines greater than expected at Jan renewals: Gallagher Re
16th January 2026
Reinsurance broker Gallagher Re has shared its expert commentary on property lines in the United States at the January 1, 2026, renewals, highlighting that “pricing declines for property cat were greater than expected on average.” According to Gallagher Re’s ‘First View: Options and Opportunities’ report, a surge in available capacity and ... Read the full article
Competition to challenge property reinsurers’ hard market insulation: USI
7th January 2026
The competitive environment will undoubtedly erode some of the insulation reinsurers enjoyed during the hard market, according to USI Insurance Services’ 2026 Commercial Property & Casualty Market Outlook Report. As the market shifts, the current rates, attachment points, and terms that reinsurers have fought to maintain are facing significant challenges from ... Read the full article
RenRe CEO optimistic Jan 1 property cat renewal will be a pricing shift rather than T&Cs
29th October 2025
Kevin J. O'Donnell, President and Chief Executive Officer of global property and casualty reinsurer, RenaissanceRe (RenRe), said today that he is optimistic the January 1 renewals will be a pricing shift in the property catastrophe space, with terms and conditions (T&Cs) expected to hold as reinsurer discipline persists. RenRe produced ... Read the full article
We remain bullish on property cat reinsurance ahead of Jan renewals, says Arch CEO
28th October 2025
Nicolas Papadopoulo, Chief Executive Officer (CEO) of Bermuda-based Arch Capital Group, said today that the company remains bullish on the property catastrophe reinsurance business, despite the market being in its second round of rate decreases. As property cat reinsurance rates soften from recent highs, the attractiveness of the business has been ... Read the full article
Chubb won’t chase property cat reinsurance: CEO Evan Greenberg
22nd October 2025
As property insurance and reinsurance markets soften, Evan Greenberg, Chairman and Chief Executive Officer (CEO) of global insurer Chubb, emphasised that the firm is not going to chase property catastrophe reinsurance business unless it is priced adequately. Greenberg made these comments on the carrier's recently held earnings call, during which executives ... Read the full article
If now is not a positive reinsurance market, when is? AM Best’s Carter
7th September 2025
AM Best is the only rating agency that has maintained its positive outlook on the global reinsurance sector, and Greg Carter, Managing Director, Analytics, at the company's briefing at RVS 2025 today, stressed that if now is not a positive market, when is? Ahead of RVS 2025 in Monte Carlo, fellow ... Read the full article
Surprise if there’s no ‘lowering of attachment points on property cat,’ says Fitch’s Arrivé
7th September 2025
Property catastrophe rates are expected to decline at year-end, but a number of factors will keep underwriting discipline, Brian Schneider, Senior Director at Fitch Ratings noted at RVS 2025 in Monaco, with Manuel Arrivé, CFA, Director, suggesting that it's likely reinsurers could participate lower down on programmes to meet demand ... Read the full article
Property cat ROEs ‘still very attractive’, rate declines not always across the board: Arch CEO
5th August 2025
Bermuda headquartered insurance and reinsurance company, Arch Capital Group Ltd., expanded its property catastrophe reinsurance writings, particularly in Florida, during the second quarter of 2025, and Chief Executive Officer (CEO), Nicolas Papadopoulo, believes that ROEs in the line remain "very attractive." Group-wide, Arch expanded its gross premiums written (GPW) by ... Read the full article
Munich Re ‘optimistic’ for mid-year renewals, US property cat still attractive: CFO Jurecka
13th May 2025
Christoph Jurecka, Chief Financial Officer (CFO) of global reinsurance company Munich Re, said today that while it's still early days, the firm is optimistic ahead of the key mid-year reinsurance renewals as pricing remains attractive despite some softening so far in 2025, while the firm still sees the US property ... Read the full article
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