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.
Property renewal rates decline amid stable market conditions: CRC Group
20th October 2025
CRC Group, a wholesale insurance services provider, reports the findings of its Property REDY® Index for the third quarter of 2025, revealing a continuation of the softening landscape. The REDY Index uses CRC Group’s extensive collection of industry data to track monthly pricing trends, offering a reference point for brokers and ... Read the full article
Rise of secondary perils key but reinsurance market ‘looks healthy’ ahead of 1.1, says AXA XL Reinsurance’s Romagne
20th October 2025
As the reinsurance industry meets in Baden-Baden, the rise of secondary perils are expected to be a key focus and with elevated loss activity there will be a lot of focus on catastrophe covers at the January 1st, 2026, renewals, according to Bertrand Romagne, CEO, International, AXA XL Reinsurance. We spoke ... Read the full article
Europe’s big four performed better than expected in the last soft cycle: J.P. Morgan
17th October 2025
As the reinsurance market softens from the highs of 2023, with further pressure on pricing expected at the upcoming January renewals, analysis by J.P. Morgan reveals that for Europe's big four reinsurers, results were better than expected in the last soft market. If the final quarter of the year is as ... Read the full article
Stability & consistency key for Swiss Re ahead of Baden-Baden & Jan renewals: Nikhil da Victoria Lobo
17th October 2025
Global reinsurance giant Swiss Re will have a key focus on stability and consistency during its negotiations with clients at the 2025 Baden-Baden Reinsurance Meeting, as the market navigates underlying strengths and challenges ahead of the key January 1st renewal season, according to Nikhil da Victoria Lobo, Head of P&C ... Read the full article
There’s still ample growth opportunities: Aon re/insurance panel
16th October 2025
Speaking on a panel earlier today as part of global broker Aon's Reinsurance Renewal Season coverage, Rachel Turk, Chief Underwriting Officer at the specialist Lloyd's insurance and reinsurance marketplace, said that there's "plenty of growth opportunities around" as the market looks to stay ahead of volatility. Moderated by Molly Tully, Executive ... Read the full article
Price will be a talking point but reinsurance structures expected to hold: Munich Re
16th October 2025
Global reinsurer Munich Re expects price to be a discussion point at the 2025 Baden-Baden Reinsurance Meeting next week, and emphasised that the firm is ready to deploy more capital ahead of the January renewals with structures projected to hold, but warned that the carrier will walk away from business ... Read the full article
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
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