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.
Key reinsurance renewals occur at: the 1st of January, which is the biggest renewal of the reinsurance year and has a broader global focus; April 1st when Japanese reinsurance renews; June 1st for Florida reinsurance renewals; and July 1st when more US reinsurance business gets renewed.
Our reinsurance renewals news covers all of these key points in the year and we also provide analysis and insight into what to expect at upcoming renewal seasons as well.
Hiscox Re gains underwriting edge through blending external and internal data with tech: CUO
25th February 2026
Joanne Musselle, Group Chief Underwriting Officer (CUO) of specialist insurer Hiscox, said earlier today that the company's underwriting edge in reinsurance is driven by a combination of factors. After releasing a strong set of results for 2025, including a robust performance at Hiscox Re, the firm's reinsurance business and third-party ... Read the full article
Skuld reports successful outcome for 2026/27 mutual P&I renewal
24th February 2026
Marine insurance provider Skuld has reported a successful and robust outcome for the 2026/27 mutual P&I renewal, reflecting disciplined underwriting, firm market positioning, and continued support both from existing and new members. Skuld owners’ mutual P&I book of business grew to 128 million gross tonnage (GT), representing a 6% increase in ... Read the full article
QBE sees ‘strong & sustainable’ outcome at Jan 1 as retentions fall again
20th February 2026
Alongside its full-year 2025 results, QBE has also provided an update on its January 1, 2026, reinsurance renewal, where it secured a further reduction in retentions on its main catastrophe reinsurance tower amid favourable market conditions. QBE CFO Chris Killourhy said his firm delivered another strong and sustainable reinsurance outcome at ... Read the full article
Zurich renews aggregate treaty, cites overall favourable pricing & stable conditions
19th February 2026
Insurer Zurich renewed its global aggregate catastrophe treaty at January 1st with an uplift in capacity, and also added cyber coverage to its global top catastrophe excess of loss treaty, and secured a higher retention for its Europe all perils reinsurance tower. Alongside its results for 2025, global insurer Zurich ... Read the full article
Suncorp weighs additional reinsurance protection amid favourable conditions
18th February 2026
With natural hazard costs rising sharply to AU$1.319 billion in H1 2026, Suncorp executives have indicated the group may revisit its use of additional protections, including the potential purchase of a new aggregate reinsurance treaty, amid increasingly favourable conditions in the softening reinsurance market. Alongside the group’s H1 2026 results ... Read the full article
Capital management, portfolio quality prioritised over growth, says Conduit Re CEO
18th February 2026
Conduit Re, a Bermuda-based global reinsurance company, has grown its top-line from nought to more than $1.2 billion in the five years since its inception, and while very robust, Chief Executive Officer (CEO) Neil Eckert told Reinsurance News that the emphasis is on capital management and portfolio quality rather than ... Read the full article
Catastrophe bonds continued shift into mainstream reinsurance at 1.1: Howden
17th February 2026
Through 2025 and into the January 1, 2026 reinsurance renewals, catastrophe bonds firmly established themselves as a core component of clients’ risk management frameworks, according to Howden Capital Markets & Advisory (HCMA). HCMA noted that catastrophe bond issuance reached record levels in 2025, with volumes approximately 45% higher compared to 2024, ... Read the full article
Reinsurance margins under pressure but we still like the business: Arch CEO
10th February 2026
Bermuda-based Arch Capital Group Ltd.'s reinsurance arm delivered record underwriting income of $1.6 billion for the full year 2025, and while the firm saw property catastrophe rate declines between 10% and 20% at the January renewals, with additional pressure expected throughout 2026, CEO Nicolas Papadopoulo has emphasised that Arch still ... Read the full article
Reinsurance sector on track to exceed cost of capital for third consecutive year: S&P
5th February 2026
S&P Global Ratings expects most reinsurers to remain well within their annual natural catastrophe budgets and deliver solid results for full-year 2025, noting that the sector is on track to exceed its cost of capital for the third consecutive year (2023–2025) and into 2026. In its Global Reinsurance Sector View 2026, ... Read the full article
Everest outmanoeuvred property cat market at Jan 1, rates still above required technical price: CEO Williamson
5th February 2026
Jim Williamson, President and Chief Executive Officer (CEO) of Everest Group, has praised the excellent job of the firm's reinsurance team in navigating a more challenging market at the January 1st renewals, while also stating that the reinsurer outmanoeuvred the property catastrophe market with average rate declines of 10% globally. Everest ... Read the full article
1.1 North American Surety renewals characterised by orderly market dynamics: Gallagher Re
5th February 2026
The January 1, 2026, North American Surety renewals proceeded in an orderly manner, marked by renewed appetite from incumbents and the emergence of new market players, according to Gallagher Re. Despite lingering economic uncertainties, the market remained profitable through 2025. This stability allowed cedants to optimise their programs, provided they maintain ... 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
Hannover Re reports 3.3% rise in Jan 1 P&C reinsurance premiums
5th February 2026
Hannover Re reported that its total renewed premium volume in traditional property and casualty reinsurance increased by 3.3% to €10.535 billion at the January 1, 2026 renewals, despite a highly competitive market environment. The reinsurer noted that the growth was supported by its strong market position and long-standing, partnership-driven client relationships. According ... Read the full article
Cedents looked to reduce reinsurer panels at 1.1: SCOR’s Conoscente
4th February 2026
Large European and some global insurers took advantage of reinsurance market dynamics to reduce the number of reinsurers in their core panels at the January 1, 2026, renewals, according to Jean-Paul Conoscente, P&C CEO of French reinsurer SCOR. Speaking during SCOR’s 1.1 2026 P&C renewal call, Conoscente said cedents are seeking ... Read the full article
SCOR reports selective portfolio growth in ‘competitive’ Jan 1 pricing environment
4th February 2026
French reinsurer SCOR has disclosed its January 2026 Property & Casualty (P&C) reinsurance renewal results, reporting selective portfolio growth in a competitive pricing environment, with overall estimated gross premium income (EGPI) from traditional reinsurance rising 4.7% to €4.493 billion, complemented by an 80.5% increase in Alternative Solutions to €1.185 ... 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.
