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.

Aviation insurance market adjusts to rising losses: Guy Carpenter

10th September 2025

Guy Carpenter, a risk and reinsurance advisory firm, reports in its Global Specialties Market Update that aviation insurance is shifting due to major airline losses and rising smaller-scale claims. In the United States, the general aviation sector is facing increasing rating pressures after a period of stability, with some segments seeing ... Read the full article

Hannover Re reports stable reinsurance pricing and strong ILS activity in 2025

9th September 2025

Hannover Re, the reinsurance group, shared its latest insights on global re/insurance markets during the 2025 Monte Carlo Rendezvous. The company reports that geopolitical tensions and ongoing conflicts continue to affect the marine and offshore energy sectors. Recent attacks on commercial shipping in the Red Sea have had limited financial impact but ... Read the full article

Latin America reinsurers face softer market amid ample global capacity: Fitch

9th September 2025

Fitch Ratings, a provider of credit ratings, research, and analysis, reports that abundant global reinsurance capacity is intensifying competition and weighing on reinsurers’ earnings worldwide, including in Latin America. Fitch explains that international carriers are channeling more capacity into the region—most notably in property catastrophe—to expand their presence and diversify portfolios. ... Read the full article

Diversified reinsurers better positioned to weather softening market, says Berenberg

9th September 2025

At the Monte Carlo Rendez-Vous de Septembre on 8 September, Berenberg, the German investment bank and equity research firm, reported that large, diversified reinsurers are in a stronger position to navigate the current softening market than their less diversified peers. According to Berenberg, firms with exposure across multiple lines, including life ... Read the full article

ACORD Solutions Group reports dramatic growth in reinsurance digital transactions via ADEPT platform

9th September 2025

ACORD Solutions Group, a provider of digital solutions for the insurance sector, has reported a notable increase in reinsurance transactions processed through its ADEPT platform. Transactions rose 73% from 2024 to 2025, representing more than a 300% increase since 2023. ADEPT (ACORD Data Exchange Platform and Translator) allows for the exchange ... Read the full article

Aon, Generali & QBE support The Spark launch, world’s first global prevention lab

9th September 2025

The insurance industry has launched The Spark, a global prevention laboratory aimed at transforming the insurance industry’s approach from reacting to losses to preventing them before they occur. The Spark brings together re/insurers and brokers, including Aon, Generali and QBE Ventures, with additional companies in advanced stages of joining, to collaborate ... Read the full article

London company market treaty reinsurance grows 10% in 2024, IUA reports

9th September 2025

Treaty reinsurance business in the London company market expanded by more than 10% last year, according to data from the International Underwriting Association (IUA), the trade body representing companies operating in the London insurance market. Total premiums written in London reached £11.985bn in 2024, up from £10.889bn in 2023. Treaty premiums now ... Read the full article

APAC reinsurance market to remain soft: Fitch Ratings

8th September 2025

Pricing in the Asia-Pacific (APAC) reinsurance market is expected to remain soft in 2025, which reflects increased capacity and ample retrocession, Fitch Ratings’ Asian Reinsurance Monitor: 2025. The result is increased competition in an environment that raises underpricing risks amid complex catastrophe and emerging risk exposures, potentially weighing on margins and ... Read the full article

Reinsurance market conditions sustainable, it is a good time to deploy capacity: Howden Re’s Flandro

8th September 2025

The current reinsurance market is sustainable, and it is a good time for reinsurers to deploy capacity, as cedents are hungry for it, Howden Re’s David Flandro highlighted in an interview with Reinsurance News during RVS 2025 in Monte Carlo. In order to understand how we got to the current market, ... Read the full article

AM Best reports continued growth and shifts in the global health reinsurance market

8th September 2025

According to credit rating agency AM Best, the global health reinsurance market has maintained steady growth, although overall demand and utilisation remain lower than in other insurance sectors. Health insurance claims are generally short-tailed, allowing for flexibility in pricing and limited exposure to catastrophic losses. AM Best reports that the growing adoption ... Read the full article

Optalitix expands quote platform to power reinsurance pricing

5th September 2025

Insurtech company Optalitix has introduced an expansion of its pricing platform, Optalitix Quote, aimed at the reinsurance market. The system, which has been used by insurers and MGAs, now includes tools for reinsurers to model treaty and facultative quotes, manage data, and improve pricing processes in one place. The company says the ... Read the full article

AM Best highlights importance of underwriting cycle management for Lloyd’s amid softening market conditions

5th September 2025

AM Best, the credit rating agency, reports that Lloyd’s reinsurance business has seen substantial growth in recent years, with a five-year compound average growth rate of 9 percent. Specialty reinsurance has been the fastest-growing segment, recording a five-year compound average growth rate of 11 percent. In 2024, Lloyd’s reinsurance premiums rose by ... Read the full article

Lloyd’s CEO outlines strategy to boost market relevance and cut costs

5th September 2025

Lloyd’s Chief Executive Officer Patrick Tiernan has set out his vision for the future of the market, stressing both the need to strengthen Lloyd’s relevance to stakeholders and to reduce the cost of doing business. “We will strive to increase the attraction and relevance of the Lloyd’s market by better tailoring ... Read the full article

BluePond.AI launches Reinsurance CoPilot to automate complex document processing

5th September 2025

BluePond.AI, a GenAI-native insurtech, has introduced its latest solution, P&C Reinsurance CoPilot, a tool designed to automate the ingestion of complex reinsurance documents and optimise workflow efficiency. Reinsurance contracts are often lengthy and require significant manual effort to process and record in administration systems, which can slow operations and create errors. BluePond.AI’s ... Read the full article

Lockton Re names James Stephens as Head of Crisis Management in London office

5th September 2025

Lockton Re, the reinsurance arm of the privately owned independent insurance broker, has announced the appointment of James Stephens as Head of Crisis Management in its London office. Tom Meyer, Head of Specialty, Lockton Re, added: "We are delighted James has joined Lockton Re supporting our drive to provide clients with ... Read the full article