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.
Reinsurance markets aligned & disciplined heading into Baden-Baden: Antares CEO
14th October 2025
Antares Global CEO Mike van der Straaten has suggested that a benign loss year to date, together with ample capacity and steady ILS activity, is placing some pressure on reinsurance pricing, though levels remain solid and market behaviour rational, leaving the sector disciplined and aligned heading into Baden-Baden. "As we approach ... Read the full article
Hannover Re expects price pressure at 1/1 but doubles down on nat cat appetite
10th October 2025
Speaking at Hannover Re’s Investors’ Day 2025, Sven Althoff, Member of the Executive Board for Property & Casualty, said that while some areas of the market may see a slight softening in 2026, overall pricing is expected to remain at an adequate level. This, he added, will enable Hannover Re to ... Read the full article
Reinsurance prices set to decline further at Jan 1 as market softens: J.P. Morgan
10th October 2025
While J.P. Morgan expects reinsurance results to remain strong in the near term, the bank has described the sector as “structurally inferior” to personal and commercial lines over the long term, and anticipates further price declines at the January 1 2026, renewals. "With January 2025 renewals, property catastrophe prices declined 5-15% ... Read the full article
We’re encouraged by strong focus on discipline and transparency: Swiss Re’s Ningen
6th October 2025
In a recent interview with Reinsurance News, Monica Ningen, CEO of Property & Casualty Reinsurance for the US at Swiss Re, one of the world's largest reinsurers, shared her perspective on the US reinsurance market and highlighted reasons for optimism amid ongoing challenges. Reflecting on current conditions, Ningen said, “The US ... Read the full article
North America reinsurance market ‘looks healthy and balanced,’ says AXA XL Re’s Schiffer
6th October 2025
In a recent interview with Reinsurance News, Greg Schiffer, CEO of North America Reinsurance at AXA XL Re, shared his perspectives on the sustainability of current market conditions in the region and what lies ahead. We spoke with Schiffer, who joined AXA XL Re from Swiss Re in October 2024, around ... Read the full article
Arundo Re is “flexible” but there’s a need to maintain discipline: Laurent Montador
25th September 2025
Laurent Montador, Deputy Chief Executive Officer (CEO) of French reinsurer Arundo Re, told Reinsurance News at RVS 2025 in Monte Carlo, that as the risk landscape continues to evolve, it’s important to stay disciplined. Montador explained that at this year’s RVS, the hard discussions with clients and brokers were not the ... Read the full article
Tower lifts cat cover to NZ$915m as CEO cites risk-based pricing advantage
24th September 2025
New Zealand-based insurer Tower has renewed its reinsurance programme for the financial year ending September 2026, increasing its catastrophe cover limit to NZ$915 million from NZ$800 million in 2025. According to the Kiwi insurer, the renewal secured comprehensive cover at competitive rates across its home, motor, boat, and commercial portfolios ... Read the full article
No real concern for property cat rate declines ahead of 1/1: Peel Hunt
22nd September 2025
Peel Hunt, a UK-based equity research and advisory firm, reports that there is no significant concern over rate declines in property catastrophe at 1/1, even in the event of a benign hurricane season. According to Peel Hunt analysts, during the Monte Carlo Rendezvous, reinsurance carriers offered “very little” pushback to brokers’ ... Read the full article
RVS Roundtable: The market is striking a balance but creativity needed in competitive environment
18th September 2025
At the 67th Rendez-Vous de Septembre in Monte Carlo last week, Reinsurance News held its annual executive roundtable, during which eight experts and leaders from across the industry discussed the sustainability of current market conditions, the outlook for the 2026 renewals and beyond, reinsurer discipline, the casualty space, while the ... Read the full article
T&Cs, attachments to hold as major reinsurers call for clarity and collaboration: Aon reinsurer panel
16th September 2025
During Aon Reinsurance Solutions’ 2025 reinsurer panel, major firms said that terms and conditions (T&Cs) and attachment points have been holding, a trend expected to continue into 2026, while also stressing the importance of starting the renewal process early and ensuring transparency and collaboration around the quoting process. Jill Beggs, Executive ... Read the full article
Reinsurance buyers to benefit as KBW sees rate declines ahead of Jan renewals
11th September 2025
KBW has revealed that its primary takeaway from the Reinsurance Rendezvous is that, absent very significant near-term losses, property catastrophe reinsurance rates are likely to fall by at least 10% at the January 1, 2026 renewals, leaving the firm somewhat more optimistic about reinsurance buyers. KBW noted that, based on its ... Read the full article
MAPFRE RE’s Bueso signals stability for Jan renewals, reinforces long-term approach
10th September 2025
Speaking at the Monte Carlo Rendez-Vous de Septembre, Carmen Bueso, CUO Non-Life at MAPFRE RE, said the firm does not anticipate major changes at the 1/1 2026 renewals, maintaining its client-focused approach underpinned by strong technical discipline and a long-term perspective. "As a relevant market player, we always position ourselves ahead ... Read the full article
Mark Pepper: Ascot will prioritise client selection and cat retentions in 2026 renewals
10th September 2025
In a recent Reinsurance News interview at the Monte Carlo Rendez-Vous conference, Mark Pepper, Group Chief Underwriting Officer at Ascot, the specialty re/insurance group, shared his perspective on the upcoming January 1 renewals. As Pepper explained, Ascot will continue to focus on client selection as the renewal season approaches. "It is ... Read the full article
Property aggregate reinsurance making a resurgence: Gallagher Re’s Knapp
8th September 2025
According to Josh Knapp, Executive Vice President of global reinsurance broker Gallagher Re, aggregate protection is making a resurgence, especially for US cedants, when the program is appropriately structured and has a practical attachment point for everyone involved. He explained, "We’re seeing that aggregate coverage is becoming more available for US ... Read the full article
Demand for reliable reinsurance continues to grow ahead of January renewals: Hannover Re
8th September 2025
At its Monte Carlo breakfast briefing, Hannover Re reported that the January 1, 2026, property and casualty reinsurance treaty renewals are expected to feature stable to slightly softer pricing, alongside continued favourable terms and conditions in an attractive market environment. Hannover Re noted that, despite rising competition, the global property and ... Read the full article
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