Reinsurance News
Reinsurance News
Reinsurance industry news, analysis, insight and interviews.
Reinsurance market news coverage provided everyday, on the top reinsurers and insurers, covering news topics of relevance to the reinsurance sector, as well as commercial and specialty insurance.
IUA strengthens team with new hires
15th January 2026
The International Underwriting Association (IUA), the representative body for companies underwriting business in the London insurance and reinsurance market, has confirmed two new appointments to its secretariat team. Both new hires will join the IUA’s underwriting and claims department, which supports numerous member committees dedicated to sharing expertise and improving market ... Read the full article
AXA XL Reinsurance announces key leadership promotions
14th January 2026
AXA XL, a re/insurer, has announced key promotions within its reinsurance division, effective 1 January 2026, Julian Longbottom has been promoted to Global Head of Marine & Energy, Reinsurance, while Jamie Pedro has been appointed Head of Specialty, Reinsurance, Bermuda. In his new role, Longbottom will oversee AXA XL Reinsurance’s Marine ... Read the full article
Global property cat rate declines below consensus at 1.1 renewals: Jefferies
14th January 2026
The reinsurance investor community were bracing for average reinsurance rates for Global Property Catastrophe Reinsurance to drop between -15% and -20% at the January 1st renewals, a more pessimistic result to the estimated -12% to -15% reported by broking groups, according to a recent report by Jefferies. This downturn in pricing ... Read the full article
ATA introduces $750m insurance facility to support global AI infrastructure
13th January 2026
Advanced Technology Assurance Limited (ATA), a specialist re/insurance company, has introduced a new insurance facility valued at up to $750 million to support the global expansion of AI infrastructure, a sector expected to attract nearly $7 trillion in investment by 2030. The ATA Global Data Centre & AI Infrastructure Insurance facility ... Read the full article
SCOR appoints regional leaders for Cedant Facultative Reinsurance business
12th January 2026
SCOR, the Paris-headquartered global reinsurance company, has announced the appointment of three senior leaders to head its Cedant Facultative Reinsurance business in North America, Europe, and Latin America. All three leaders report to Julia Willberg, Global Head of Cedant Facultative Reinsurance, who is based in SCOR’s London office. Andrea Baer has been ... Read the full article
‘Murky’ outlook for reinsurance market as capital surges: Evercore ISI
12th January 2026
The global reinsurance market has entered 2026 with some uncertainty, as a record breaking influx of capital has triggered a significant softening in prices, leaving analysts at Evercore ISI to warn of a “murky” growth picture for the year ahead. According to the ‘Reinsurance Return Story in Focus as Competition Increases’ ... Read the full article
Non-life run-off specialists emerge as central capital management partners for insurers: AM Best
12th January 2026
Non-life run-off specialists have moved well beyond their traditional role as managers of discontinued books and are now viewed as core strategic capital partners for insurers, according to a new report from the credit rating agency AM Best. The ratings agency notes that these firms are increasingly helping insurers release capital, ... Read the full article
Soft market to drive lacklustre margins for P&C reinsurers in 2026: J.P. Morgan
9th January 2026
“Lacklustre margins” are expected in 2026 for property and casualty (P&C) reinsurers, mainly driven by price cuts during this year’s January 1 renewals and a softening trend for upcoming mid-year cycles, according to a recent J.P. Morgan report. Currently, there is increased capital in the market, fuelled by two years of ... Read the full article
SCOR’s Irish subsidiary becomes SCOR Global Reinsurance France SA
8th January 2026
Global reinsurer SCOR has announced the successful cross-border conversion of its Irish subsidiary, SCOR Global Reinsurance Ireland dac (SGRI), into a French entity. The company will now operate under the name SCOR Global Reinsurance France SA (SGRF), and will be supervised by the Autorité de contrôle prudentiel et de resolution (ACPR). According ... Read the full article
Hochberg to lead newly launched Guy Carpenter global Sidecar Center of Excellence
8th January 2026
Guy Carpenter, a global risk and reinsurance specialist and a business of Marsh, has announced the launch of its global Sidecar Center of Excellence (COE), to be led by Ed Hochberg. The COE has been designed to provide clients with dedicated resources and holistic solutions to better manage their capital, volatility, ... Read the full article
Competition to challenge property reinsurers’ hard market insulation: USI
7th January 2026
The competitive environment will undoubtedly erode some of the insulation reinsurers enjoyed during the hard market, according to USI Insurance Services’ 2026 Commercial Property & Casualty Market Outlook Report. As the market shifts, the current rates, attachment points, and terms that reinsurers have fought to maintain are facing significant challenges from ... Read the full article
MetLife & General Atlantic-backed Chariot Re complete second reinsurance deal
7th January 2026
Chariot Re, an independent Bermuda-based life and annuity reinsurance company, has announced the completion of its second reinsurance transaction. The agreement, signed with Metropolitan Tower Life Insurance Company, a Nebraska-based affiliate of MetLife, covers a significant block of whole life insurance liabilities. Under the terms of the transaction, MetLife’s commitment to its ... Read the full article
China’s PICC P&C enters into reinsurance agreements with PICC Re & PICC HK
31st December 2025
Chinese domestic insurer PICC Property and Casualty Company Limited (PICC P&C) has entered into reinsurance agreements with PICC Reinsurance and PICC HK, its sister entities under the ultimate parent PICC Group. PICC P&C entered into separate one-year agreements with both entities, effective from 1 January to 31 December 2026. This framework regulates ... Read the full article
Non-proportional cyber pricing falls up to 25% as XoL and hard retro gain ground at 1.1: Guy Carpenter
31st December 2025
Guy Carpenter, a global reinsurance intermediary, has released its January 1, 2026 Reinsurance Renewal Report, outlining a cyber renewal season defined by disciplined execution, competitive pricing conditions and continued structural innovation, particularly in cyber reinsurance. According to the report, ceding commissions generally settled between flat and up to two percentage points ... Read the full article
Bermuda’s commercial long-term insurance sector GWP hit $200bn in 2024: BMA
30th December 2025
Bermuda’s commercial long-term insurance sector continued to grow in 2024, with gross written premiums (GWP) increasing 17.8% year-on-year to reach US$200.1 billion, with total assets increasing by 19.1%, according to the latest figures from the Bermuda Monetary Authority (BMA). The ‘Bermuda Long-term Insurance Market Analysis and Stress Testing Report’ attributes this ... Read the full article
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