Reinsurance News
Reinsurance renewals news
Reinsurance renewals are the key points in the year when the majority of reinsurance contract renewal negotiations occur and are completed.
The reinsurance renewal seasons provide insight into reinsurance pricing, contract terms, reinsurance market positioning and the direction of future trends in the market.
Aon observed increased capacity and strong reinsurance demand at casualty renewals
9th January 2026
According to global insurance and reinsurance broking group Aon’s latest renewal report, conditions in the casualty reinsurance market at January 1st, 2026, renewals were relatively favourable, shaped by increased capacity and strong overall reinsurance demand. Aon noted that rising capacity and strong appetite from both existing reinsurers and new market entrants ... 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
Jan 1 renewal points to weaker but still strong reinsurer profitability in 2026, says Fitch
8th January 2026
Record levels of reinsurance capital supply from traditional and alternative sources outpaced incremental demand from buyers at the January 1st, 2026, renewals, and as pricing "reverted broadly to 2022 levels", analysts at Fitch Ratings expect global reinsurers' profitability to decline but remain strong in 2026. Reinsurance broker reports revealed further price ... Read the full article
American Coastal renews AOP catastrophe cover, lifts per-occurrence limit to $95.6m
8th January 2026
Florida-based American Coastal Insurance Corporation (ACIC) has renewed its all other perils catastrophe excess of loss agreement (AOP CAT agreement) for 2026, providing up to $95.6 million of occurrence limit excess of the $10 million attachment point to limit ACIC's losses from catastrophe loss events other than named windstorms and ... Read the full article
Ark cuts Outrigger Re size as traditional quota share use rises for 2026
7th January 2026
White Mountains Insurance Group’s specialty P&C re/insurance subsidiary, Ark Insurance Holdings Limited, has renewed Outrigger Re Ltd at a smaller size for business incepting during calendar year 2026, reflecting increased use of traditional quota share reinsurance. As in 2025, the reinsurance sidecar entered into a quota share with Ark to ... Read the full article
Howden observes improved supply/demand dynamics at casualty reinsurance renewals
7th January 2026
Howden has revealed that the January 1 casualty reinsurance renewals benefited from improved supply and demand dynamics, with performance-driven US outcomes amid ongoing long-tail and reserving pressures, while international placements were generally stable despite tougher renewals for programmes with US exposure. According to the firm’s latest renewal report, the US casualty ... Read the full article
Weak renewals unlikely to impact income guidance of European reinsurers: JP Morgan
7th January 2026
While acknowledging that double-digit declines in property catastrophe pricing are a steep adjustment to digest, JP Morgan said it does not expect the weak renewals to affect top European reinsurers’ net income guidance, noting that market participants had largely anticipated these pricing reductions when the guidance was established. In a new ... Read the full article
Strategic insurers in a ‘commanding position’ following renewal: Aon
6th January 2026
Insurers are expected to return to the market post-renewal to capitalise on favourable conditions and explore additional protections to reduce earnings volatility, including aggregate products and structured solutions, Aon said in its January 2026 Reinsurance Market Dynamics report, in a section focused on property catastrophe. According to the firm, insurers are ... Read the full article
European property cat saw rate reductions up to 20% at January renewals: Howden
6th January 2026
European property-catastrophe rate reductions varied by territory at the January 1st 2026 reinsurance renewals, with softening of up to 20%, according to Howden's latest renewal report, with the firm expecting further softening in this part of the market throughout 2026. The global insurance and reinsurance broking group said rate reductions at ... Read the full article
IAG integrates RACQI into 2026 catastrophe reinsurance program
6th January 2026
Australian insurer IAG has successfully placed its 2026 catastrophe reinsurance program, integrating RACQ Insurance (RACQI) into its main catastrophe cover, whole-of-account quota share (WAQS) arrangements and aggregate stop-loss protection. Readers may recall that IAG upgraded its FY 2026 guidance following the successful acquisition of RACQI on 1 September 2025. For 2026, ... Read the full article
Softening prices seen across all specialty lines at January renewals: Guy Carpenter
5th January 2026
According to reinsurance broker Guy Carpenter’s January 2026 renewal report, global price reductions were seen across Marine, Energy and Technical lines, as new and existing capacity continued to diversify from property and grow into an already crowded specialty market. Within Specialty lines at the January 1st, 2026, reinsurance renewals, non-loss-impacted businesses ... Read the full article
Global reinsurer capital up 6% to $760bn in 9M’25 with average ROE of 16%: Aon
5th January 2026
Global reinsurer capital increased by more than 6% from the end of 2024 to $760 billion as at September 30th, 2025, with growth in both traditional and alternative capital, driven by retained earnings, unrealised gains, and new inflows to sidecars and the catastrophe bond market, according to Aon's January 2026 ... Read the full article
Cyber market benefited from more-than-adequate capacity at 1.1: Gallagher Re
5th January 2026
The cyber market benefited from more-than-adequate capacity at the January 1st, 2026, reinsurance renewals, with levels far exceeding those available a few years ago, according to reinsurance broker Gallagher Re's 1st View renewal report. Ian Newman, Global Head of Cyber, and Jennifer Braney, Head of International Cyber, said that while the ... Read the full article
APAC reinsurance capacity surges as supply outpaces demand at Jan 1 renewals: Guy Carpenter
5th January 2026
Guy Carpenter experts from the Asia Pacific region have shared their insights on the reinsurance renewals for January 1, 2026, highlighting the region’s favourable results for the year with lower than average cat losses. Tony Gallagher, CEO Asia Pacific noted that for the past three years, Guy Carpenter has seen a ... Read the full article
US casualty reinsurers prioritise portfolio diversification and long-term relationships at 1.1: Guy Carpenter
2nd January 2026
In a notable reversal of recent market trends, the January 1, 2026, reinsurance renewal cycle saw difficult casualty placements being traded for property positions - the exact opposite of the trade seen just three years ago, according to a recent Guy Carpenter report. The casualty reinsurance renewals had nuanced outcomes based ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
