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.

Buyers can use favourable reinsurance market to seize strategic advantage: Aon

5th September 2025

A new report from Aon has hailed the attractive yet dynamic reinsurance market, noting that buyers can seize a strategic advantage amid global reinsurance capital reaching a record $735 billion as of June 30, 2025. According to the firm's new report, the record reinsurance capital was driven mainly by retained and ... Read the full article

Reinsurers still able to achieve target ROEs with 10%+ property cat rate cuts at Jan 1: Aon’s Hatlestad

4th September 2025

Tracy Hatlestad, Executive Managing Director and Global Property Segment Leader at Aon Reinsurance Solutions, said recently that the broker believes reinsurers will still be able to hit their target ROEs on property catastrophe books even with rate reductions of 10% or greater heading into the January 1st, 2026, renewals. Aon Reinsurance ... Read the full article

Reinsurance increasingly a buyer’s market as focus shifts to growth: Rousseau, Guy Carpenter

3rd September 2025

Laurent Rousseau, CEO of EMEA and Global Capital Solutions at reinsurance broker Guy Carpenter, said recently that the reinsurance industry is "clearly and increasingly in a buyer's market" and stressed that as returns continue to rise, insurers and reinsurers are looking to grow both organically and through M&A. Guy Carpenter, the ... Read the full article

Buyers expect property reinsurance pricing to fall as demand rises & attachment points hold: Moody’s

3rd September 2025

The 2025 reinsurance buyers survey from Moody's Ratings reveals a "decisive shift towards rate reductions" for property reinsurance risks when compared to prior years, while demand for coverage is expected to rise as attachment points hold for another year. This annual survey conducted by Moody's, released ahead of RVS 2025 in ... Read the full article

It’s a dynamic, competitive yet reasonably disciplined reinsurance market: Urs Baertschi, Swiss Re

3rd September 2025

The reinsurance industry has been operating reasonably efficiently and has shown resilience to large losses like the Los Angeles wildfires in January, and, after the 2025 renewal periods, Urs Baertschi, Chief Executive Officer (CEO) of Property & Casualty (P&C) Reinsurance at industry giant Swiss Re, expects discipline to be maintained. Read the full article

kWh Analytics adds new $20m capacity layer to nat cat solution for renewable energy industry

29th August 2025

kWh Analytics, a climate insurer and risk manager for renewable energy projects, through its licensed insurance entity, Solar Energy Insurance Services, Inc., has expanded its portfolio with a new Excess Natural Catastrophe coverage to protect the renewable energy market from severe convective storms. The Excess Natural Catastrophe layer will provide up ... Read the full article

Balance of power ‘slowly shifting back towards buyers’ ahead of Jan ’26 renewals: Antares CEO

21st August 2025

Mike van der Straaten, Chief Executive Officer of Antares Global, a provider of insurance and reinsurance capacity, has said that the balance of power is shifting back towards buyers of reinsurance, with greater competition and gradually returning capacity poised to put downward pressure on rates ahead of the January 1st, ... Read the full article

Healthy & constructive market environment needs to be the new norm: Swiss Re CEO

14th August 2025

Andreas Berger, Group Chief Executive Officer (CEO) of reinsurance giant Swiss Re, said this morning that the current healthy and constructive reinsurance market environment needs to be the new normal as companies must earn their cost of capital. After posting a 24% rise in net income and strong underwriting profitability ... Read the full article

Hannover Re seeing growth in most segments, nat cat risk appetite expanding: Sven Althoff

12th August 2025

Hannover Re, one of Europe's big four reinsurance companies, has achieved year-to-date growth in traditional treaty renewals of 5.4%, with one of the key drivers being underlying expansion of the firm's ceding companies, while the carrier's appetite for natural catastrophe risk is also growing, according to Sven Althoff, Member of ... Read the full article

Property cat isn’t approaching a pain point, there is no soft market, says Munich Re’s Wenning

8th August 2025

Joachim Wenning, Chief Executive Officer (CEO) of global reinsurer Munich Re, said this morning that there is no soft market in property catastrophe reinsurance, rather the period of no major losses for reinsurance companies is over. Addressing the media after the release of a strong set of quarterly and half ... Read the full article

Large spread of price movements at the mid-year, Hiscox Re & ILS portfolio well rated: Group CUO

6th August 2025

Joanne Musselle, Group Chief Underwriting Officer (CUO) of specialist insurer and reinsurer Hiscox, has explained that although the Hiscox Re & ILS business saw aggregate rates decline 6% in the first half of the year, the firm did see a "relatively large spread at the mid-year renewals." During Hiscox's recently held ... Read the full article

Property cat ROEs ‘still very attractive’, rate declines not always across the board: Arch CEO

5th August 2025

Bermuda headquartered insurance and reinsurance company, Arch Capital Group Ltd., expanded its property catastrophe reinsurance writings, particularly in Florida, during the second quarter of 2025, and Chief Executive Officer (CEO), Nicolas Papadopoulo, believes that ROEs in the line remain "very attractive." Group-wide, Arch expanded its gross premiums written (GPW) by ... Read the full article

Progressive fortifies cat reinsurance program in Q2’25

5th August 2025

US insurer Progressive has announced the successful renewal of its catastrophe reinsurance arrangements in the second quarter of 2025, reinforcing its protection against significant weather events. The renewed programs, which address the company’s risk tolerance, include new reinsurance contracts under the company’s per occurrence excess of loss program for its personal ... Read the full article

Reinsurance rates remain strong in ‘very hard’ property cat market: Everest CEO

31st July 2025

Jim Williamson, CEO of Bermuda-based insurance and reinsurance company Everest, has disregarded talk of a soft property cat market, describing rates as very strong and the market as very hard while discipline has been maintained. During Everest’s second quarter 2025 earnings call, Williamson firmly pushed back against suggestions that the ... Read the full article

SCOR preparing for competitive reinsurance environment to persist & intensify into Jan 1

31st July 2025

Thierry Léger, Chief Executive Officer (CEO) of SCOR, one of Europe's big four reinsurers, said this morning that although there's not been an influx of new entrants in the reinsurance market, competition was high at the mid-year renewals and could be even more competitive at January 1st, 2026. Addressing the media ... Read the full article