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.
We remain bullish on property cat reinsurance ahead of Jan renewals, says Arch CEO
28th October 2025
Nicolas Papadopoulo, Chief Executive Officer (CEO) of Bermuda-based Arch Capital Group, said today that the company remains bullish on the property catastrophe reinsurance business, despite the market being in its second round of rate decreases. As property cat reinsurance rates soften from recent highs, the attractiveness of the business has been ... Read the full article
Everest will look to take risk in still favourable property cat market: CEO Williamson
28th October 2025
Jim Williamson, President and Chief Executive Officer at Bermudian insurer an reinsurer, Everest, characterised the property catastrophe reinsurance market as a “still very favourable environment,” describing it as well-priced and a risk the company is looking to take. During Everest’s third quarter 2025 earnings call, Williamson discussed market pricing, competition, and ... Read the full article
AIG to acquire renewal rights for majority of Everest’s commercial retail businesses
28th October 2025
Bermuda-domiciled insurer and reinsurer Everest Group has entered into definitive agreements to sell the renewal rights for its U.S., U.K., European, and Asia Pacific Commercial Retail businesses to American International Group, Inc. (AIG), subject to regulatory approvals. The renewal rights of these businesses total an estimated $2 billion of aggregate gross ... Read the full article
European reinsurers’ capital surplus could add pressure to 1/1 renewals
24th October 2025
European reinsurers are entering the 1/1 renewal season with capital levels well above their target ranges, a development that could intensify pricing pressure across the market. According to J.P. Morgan’s latest Love Actuary report, the region’s largest reinsurers, which include Munich Re, Swiss Re, and Hannover Re, are materially over-capitalised, with Solvency ... Read the full article
Chubb won’t chase property cat reinsurance: CEO Evan Greenberg
22nd October 2025
As property insurance and reinsurance markets soften, Evan Greenberg, Chairman and Chief Executive Officer (CEO) of global insurer Chubb, emphasised that the firm is not going to chase property catastrophe reinsurance business unless it is priced adequately. Greenberg made these comments on the carrier's recently held earnings call, during which executives ... Read the full article
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
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