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.
Double-digit price declines in property cat reinsurance likely to persist, says JP Morgan
6th November 2026
JP Morgan, the US-based global investment bank and financial services company, expects double-digit price declines in property catastrophe reinsurance to persist into 2027, as strong industry profitability, relatively low natural catastrophe losses and an influx of capital continue to put pressure on rates. The reinsurance market, and notably property and property ... Read the full article
AIG expects a ‘good balance’ between front-end pressures and reinsurance savings at 1.1, says CEO
4th November 2026
Eric Andersen, President and Chief Executive Officer (CEO) of global insurer AIG, expects the carrier to find a good balance between some of the front-end pressures in the property insurance space and the ability to save money on its reinsurance buying at the January 1 renewals. Following the release of ... Read the full article
APCIA focused on sustainable reinsurance capacity amid risk uncertainty: AXA XL Re’s Schiffer
4th November 2026
Greg Schiffer, Head of North America at global reinsurer AXA XL Re, said that one of the central themes at the APCIA Annual Meeting 2026 was how the industry can continue to provide sustainable capacity in a more complex and uncertain risk environment. In an interview with Reinsurance News following the ... Read the full article
There are opportunities in ‘exciting and dynamic’ reinsurance market: Grishin, Mandarin Re
3rd November 2026
Mikhail Grishin, Chief Operating Officer at Labuan-domiciled reinsurer Mandarin Re, described the current reinsurance market as “exciting and dynamic”, pointing to innovation in reinsurance capital, risk transfer structures and technology as creating whole new sets of opportunities. In an interview with Reinsurance News around the Singapore International Reinsurance Conference (SIRC) 2026, ... Read the full article
Swiss Re focused on maintaining a strong, well-diversified portfolio as APAC risk landscape shifts: Ziswiler
2nd November 2026
In a recent interview with Reinsurance News around the Singapore International Reinsurance Conference (SIRC), Anna Ziswiler, Head of Property and Casualty (P&C) Reinsurance SID, Swiss Re, emphasised that the reinsurer is focused on maintaining a strong, well-diversified portfolio in the Asia Pacific (APAC) region as the firm works to help ... Read the full article
European cat pricing down high single to low double-digits for ‘very late’ Jan 1 renewal: SCOR’s Conoscente
30th October 2026
Paris-headquartered global reinsurer SCOR is now fully focused on the January 1 2027 reinsurance renewals, which Jean-Paul Conoscente, Chief Executive Officer (CEO) of SCOR P&C, recently described as very late, while noting that, so far, the firm is seeing European catastrophe rate decreases in the high single-digit to low double-digit ... Read the full article
Competitive property insurance market isn’t underwater yet, says Markel Insurance CEO
30th October 2026
Simon Wilson, Chief Executive Officer (CEO) of Markel Insurance, said competition in the property insurance market is continuing to intensify, with margins narrowing as softer reinsurance conditions put further pressure on pricing, although he believes the market is not yet “underwater”, with profit still to be made. During Markel Group’s Q3 ... Read the full article
Everest confident of delivering ‘excellent’ reinsurance portfolio, but bearish on casualty ahead of Jan 1, says CEO
29th October 2026
Jim Williamson, Chief Executive Officer (CEO) of Bermuda-based Everest Group, is confident that the firm's reinsurance team will deliver an "excellent portfolio" for the firm to enjoy in 2027 in spite of the competitive environment, but emphasised that Everest is fairly bearish on the casualty reinsurance space heading into next ... Read the full article
Property cat rate declines to slow at Jan 1, supply of capital now much more disciplined: RenRe CUO
28th October 2026
Global reinsurer RenaissanceRe (RenRe) expects property catastrophe rate declines to decelerate at the January 1 renewals, and also anticipates the market will remain disciplined with respect to terms and conditions and structures, noting that the supply of capital willing to accept risk is much more disciplined than it was a ... Read the full article
Client proximity increasingly important in varied EMEA reinsurance market: Swiss Re’s Nikhil da Victoria Lobo
27th October 2026
Swiss Re expects pricing at the 1 January 2027 renewals across EMEA to vary, emphasising that the region is not a single market and that a deal-by-deal, client-by-client approach is needed to understand individual market idiosyncrasies and match sustainable reinsurance models to clients’ needs. In our latest Read the full article
APAC cedents are looking for holistic solutions beyond pure volatility cover: Tony Gallagher, Marsh Re
26th October 2026
As insurers across Asia Pacific grapple with a continual frequency of catastrophe events driven by secondary perils, Marsh Re’s clients in the region are seeking holistic solutions centred around strong partnerships and the need to generate returns for shareholders, according to Tony Gallagher, CEO of the Asia Pacific Region, Marsh ... Read the full article
Property renewal rate reductions begin to moderate in Q3’26: CRC Group
21st October 2026
CRC Group, an independent wholesale specialty insurance distributor, has released its Property REDY Index for Q3 2026, showing that property pricing continued its downward trajectory, although the pace of rate reductions began to moderate. CRC Group reported that average year-over-year renewal pricing declined 12.0% in July, 11.4% in August and 11.1% ... Read the full article
Demand for high quality reinsurance protection to remain strong at Jan 1: E+S Rück
19th October 2026
Hannover Re’s German property and casualty (P&C) reinsurance business, E+S Rückversicherung AG, anticipates “further strong demand” for high-quality reinsurance protection at the upcoming January 1 renewals in the German market. At Baden-Baden, the reinsurer emphasised that despite moderate catastrophe loss expenditure in recent years, underlying risks have continued to rise while ... Read the full article
Diversification can be the best way to grow, says AXA XL Re’s Romagne
19th October 2026
Bertrand Romagne, CEO International Reinsurance at AXA XL Re, said he sees diversification as one of the best ways to grow. In an interview with Reinsurance News around the Baden-Baden Reinsurance Meeting 2026, Romagne said AXA XL Re is continuing its strategy of reinforcing relationships with best-in-class insurers across their lines ... Read the full article
Marsh Re’s Janeke expects Baden-Baden to ‘entrench’ buyer-favourable reinsurance market
16th October 2026
Marsh Re’s Leon Janeke expects Baden-Baden to “confirm and further entrench” a buyer-favourable reinsurance market ahead of the 1 January renewals, with reinsurers set to take a greater share of large and catastrophe losses as the market rebalances risk. In an interview ahead of the industry event in Germany, Janeke, head ... Read the full article
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