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.
Hurricane Isaias unlikely to affect Jan 1 reinsurance renewals, says Gallagher Re
15th October 2026
Gallagher Re, the reinsurance division of global insurance broker Arthur J. Gallagher & Co., says Hurricane Isaias is unlikely to influence upcoming 1 January reinsurance renewal discussions. In post-landfall commentary dated 14 October 2026, the firm points to three factors. First, it expects insured losses, covering wind, coastal storm surge, inland ... Read the full article
Video: Dialogue, depth and delivery vital to re/insurer relationships, says Swiss Re’s Nikhil da Victoria Lobo
14th October 2026
As the global reinsurance industry heads to Baden-Baden, the January renewals will of course be a big topic, and against a backdrop of a complex and increasingly interconnected risk landscape, dialogue, depth, and delivery are key to a productive insurer and reinsurer relationship. This was the message from ... Read the full article
Reinsurance price declines expected to slow at 1/1 implying stabilisation: JP Morgan
9th October 2026
J.P. Morgan said the expected price decline of the property cat reinsurance market of 10–20% at the January 2027 renewals is less than the reduction in previous years, implying some stabilisation. The global investment bank and financial services firm said reinsurance pricing remains under pressure, particularly in property catastrophe, but also ... Read the full article
Ample capital to limit Isaias impact on Jan 1 reinsurance renewals: Gallagher Re
8th October 2026
As Tropical Storm Isaias is forecast to rapidly intensify into a Category 2 hurricane over the Gulf’s extremely warm waters, with landfall expected along the northern Gulf Coast late Friday or early Saturday, Gallagher Re said the event is unlikely to meaningfully affect upcoming January 1 reinsurance renewals given ample ... Read the full article
10-15% rate declines signalled for 2027 as reinsurance hard market nears full pricing reversal
1st October 2026
The message from Monte Carlo appears to be preparing the reinsurance market for rate declines of 10-15% at the January 2027 renewals, according to Autonomous, which said that, if correct, this would signal the full reversal of the hard market, at least from a pricing perspective. In its European insurance report, ... Read the full article
Property reinsurance rates expected to fall further in 2027, reveals Moody’s survey
30th September 2026
Insurers expect property reinsurance prices to fall further in 2027, according to the latest reinsurance buyers survey from Moody's Ratings, the credit rating agency. Moody's polling of cedents found that around 38% anticipate portfolio-wide property reinsurance pricing to fall between 7.5% and 15% next year, while almost a fifth expect declines ... Read the full article
From annual aggregation to real-time visibility: Allphins and Gallagher Re on the next era of exposure management
29th September 2026
In a softer market, the ability to demonstrate a clear, differentiated view of exposure is becoming a genuine advantage at the negotiating table. Reinsurance News sat down with Laurent de la Porte, CEO of Allphins, and Ed Messer, Head of UK Analytics at Gallagher Re, to discuss how real-time, granular ... Read the full article
Fitch survey suggests further property cat reinsurance declines at 2027 renewals
23rd September 2026
60% of respondents to a recent Fitch Ratings survey expect further price falls in the property cat reinsurance segment at the 2027 renewals, though most think price declines will not exceed 10%, suggesting a more moderate pace of decline than in previous renewals. The rating agency's new survey included reinsurance market ... Read the full article
Tower renews reinsurance programme for FY’27, lifts cat cover limit to NZ$970m
21st September 2026
New Zealand-based insurer Tower has renewed its reinsurance programme for the financial year ending 30 September 2027, increasing its catastrophe upper limit to NZ$970 million from NZ$915 million in 2026. The programme will provide comprehensive cover at competitive rates across Tower's home, motor, boat, and commercial portfolios across New Zealand ... Read the full article
Iberian storm losses put reinsurance risk in focus, Marsh Re reports
21st September 2026
The 2025–26 European windstorm season has highlighted the importance of regional concentration, flooding and multi-peril exposure for insurers and reinsurers, according to Marsh Re, the reinsurance broking and advisory business of Marsh. While the season produced significant losses in Spain and Portugal, Marsh Re says it does not necessarily signal a ... Read the full article
Peak Re targets sustainable growth in a more challenging market: CUO, Hough
18th September 2026
Peak Re, the global reinsurer, is targeting sustainable growth by broadening its capabilities and sharpening its strategic differentiation as competition intensifies and reinsurance pricing comes under increasing pressure, Chief Underwriting Officer (CUO) Philip Hough told Reinsurance News at the 2026 Rendez-Vous de Septembre in Monte Carlo. The Hong Kong-based global reinsurer ... Read the full article
Marsh Re’s Enoizi warns against premature Jan 1 rate calls, flags widening protection gap
15th September 2026
Marsh Re, the global reinsurance broker, spoke with Reinsurance News at this year's Rendez-Vous de Septembre in Monte Carlo to set out the firm’s thinking on the January 1 renewals, the state of market discipline, and the growing role of governments in absorbing catastrophe and emerging risk. Among those representing the ... Read the full article
Property cat XoL reinsurance rates expected to fall by at least 10% at 1.1 2027, reports KBW
11th September 2026
KBW, a financial services firm providing research and advisory services across the insurance and reinsurance sectors, expects property catastrophe excess-of-loss (XoL) reinsurance rates to fall by at least 10% at the 1 January 2027 renewals. The outlook comes from KBW’s commentary following the 2026 Rendez-Vous de Septembre (RVS), where the firm ... Read the full article
P&I reinsurance rates expected to increase further heading into 27/28 renewals: Gallagher Specialty
8th September 2026
Reinsurance rates for Protection and Indemnity (P&I) Clubs are expected to rise further heading into the 2027/28 renewals, with more focus on the fully cellular container (FCC) segment, according to Gallagher Specialty’s P&I Market - Midyear Review. At the last renewal, the International Group (IG) increased the programme limits by USD250 ... Read the full article
MS Re’s Bruniecki says retentions to hold as attachment points stay disciplined
8th September 2026
Speaking to Reinsurance News during the Monte Carlo Rendez-Vous 2026, Jörg Bruniecki, Group Chief Underwriting Officer at MS Re, set out his view of where the market stands heading into the January 1 renewals, and what he wants to change about the reinsurer's global underwriting approach. On property pricing, Bruniecki said ... Read the full article
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