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.
Clear evidence re/insurance industry is still cyclical: W. R. Berkley CEO
21st October 2025
Re/insurance market dynamics through the third quarter shows that the industry is still cyclical, and while there's still margin in the property catastrophe reinsurance business, it is eroding and is no longer as attractive as it was in recent times, with further softening expected, according to Rob Berkley, Chief Executive ... Read the full article
Commitment to long-term stability will ensure enduring success: QBE Re’s Killourhy
21st October 2025
Executives at QBE Re noted that while they have seen some market softening, it remains manageable where rates are adequate, with some pricing pressures expected in property at 1.1, the casualty market to remain broadly stable, and a focus on discipline and long-term partnerships in specialty lines. In an interview with ... Read the full article
A return to the challenges of two to three years ago ‘out of the question’, says MAPFRE RE’s Meyerhoff
21st October 2025
Mark Meyerhoff, Chief Regional Officer, EMEA at Spanish reinsurer MAPFRE RE, has said that as brokers push for earnings protection and frequency covers, he considers “a return to the situation of two or three years ago to be out of the question.” In an interview with Reinsurance News around the Baden-Baden ... Read the full article
Nothing unexpected in conversations around price and T&Cs ahead of renewals: Hannover Re’s Steinmann
20th October 2025
Thorsten Steinmann, CEO of E+S Rück and Member of the Executive Board for Hannover Re, said today that with many reinsurers achieving a return on equity (ROE) of more than 20%, it's normal to have conversations around price and terms and conditions (T&Cs). This afternoon, E+S Rück, the reinsurer for the ... Read the full article
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
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