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.

Canada Life Re expands US P&C team

1st October 2025

Canada Life Reinsurance, a division of Canada Life that provides solutions to help insurers manage risk and grow their businesses, has announced the appointment of Minas Kalachian to its US Property & Casualty (P&C) team. Kalachian brings extensive experience in structured reinsurance and well-established relationships with clients and brokers. The appointment strengthens ... Read the full article

Fortitude Re enters funding agreement backed notes market

1st October 2025

Global reinsurance company Fortitude Re has announced that Fortitude Life Insurance & Annuity Company (FLIAC) has entered the funding agreement backed notes market with an inaugural $500 million issuance. The move is a strategic step to diversify the company’s capital sources and support its ongoing growth initiatives. The notes, which are a ... Read the full article

Bamboo and Accredited partner on reinsurance deal for new E&S signature program

30th September 2025

Bamboo Ide8 Insurance Services, LLC., part of White Mountains Insurance Group, alongside specialty insurer Accredited, have completed the reinsurance program supporting the launch of their new E&S Signature program. This reinsurance placement involves the funding of a multi-year sidecar transaction via Greenshoots Re, which was originally established in conjunction with ... Read the full article

Talent gap a challenge for the re/insurance industry amid evolving global landscape: Toucan

30th September 2025

The global insurance and reinsurance industry is facing a significant talent gap, a challenge exacerbated by outdated recruitment practices and, in some cases, a lack of understanding of specialised industry roles, Marco Silva and Lucian Chiroiu, co-founders of Toucan, shared with Reinsurance News in a recent interview. Toucan, a UK recruiting ... Read the full article

Marlon Williams hired as Senior Broker at AHJ Miller Bermuda

29th September 2025

AHJ Miller, the reinsurance division of Miller and an independent specialist re/insurance broker, has appointed Marlon Williams as Senior Broker in its Bermuda office. Williams brings more than 20 years of industry experience, covering insurance, reinsurance, catastrophe modelling, and international property catastrophe underwriting. He joins from Hiscox Re & ILS, where he ... Read the full article

Climate change could drive reinsurance volume, but softening a more immediate threat: Morningstar

29th September 2025

While climate change could drive reinsurance volume in the long-term, softening of the market is more important in the medium-term, Morningstar analysts have highlighted in a recent report. The re/insurance industry is facing increasing losses as global temperatures continue to increase, a direct consequence of climate change. While the frequency of ... Read the full article

Florida’s property re/insurance market rebounds following tort reform: Gallagher Re

26th September 2025

Gallagher Re, a global reinsurance brokerage and risk advisory firm, reports that Florida’s property insurance market is experiencing a significant resurgence, driven largely by recent tort reforms that have restored confidence among carriers, reinsurers, and capital providers. According to Gallagher Re’s analysis, the most tangible sign of this recovery was the ... Read the full article

US P&C insurers post record $89bn investment income in 2024: AM Best

25th September 2025

The US property and casualty (P&C) insurance industry generated a record $89 billion in investment income in 2024, marking a 20% year-over-year increase, according to AM Best. The firm reported that the growth was fuelled by higher interest rates, stronger returns from bonds, and increased contributions from cash and short-term holdings. AM ... Read the full article

ICIEC to provide fac reinsurance to certain Takaful Libya export deals

25th September 2025

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) is set to provide facultative reinsurance to selected export transactions insured by Takaful Libya. This collaboration will enhance Takaful Libya’s capacity to underwrite Shariah-compliant export credit risks. This, in turn, will allow them to offer broader coverage to Libyan exporters ... Read the full article

TD Cowen’s London reinsurance takeaways show profitability amid softer rates

24th September 2025

TD Cowen, an investment bank and financial services firm, shared key observations from recent meetings in London with reinsurance market participants. The firm reported that property-catastrophe rates are expected to continue softening, with estimates centred on declines of roughly 5–10% in 2025 and at the higher end of this range in ... Read the full article

AM Best warns of heavy strain on Nepal’s insurance industry after Kathmandu riots

24th September 2025

Credit rating agency AM Best has warned that Nepal’s non-life insurance market could face serious financial stress following recent riots in Kathmandu. The agency notes that even moderate claims can weigh heavily on the small-sized industry, which has limited capacity to absorb large shocks. The protests, widely labeled the “Gen Z” movement, ... Read the full article

US P&C insurers boost profitability in H1’25 despite cat losses: Moody’s

23rd September 2025

Moody’s Ratings, the credit rating agency and research firm, reported that US property and casualty insurers delivered stronger profitability in the first half of 2025, even as California wildfires in the first quarter drove substantial catastrophe losses. According to Moody’s, a representative sample of 20 rated insurers posted net income of ... Read the full article

Munich Re backs epidemic and pandemic insurance for Maldives tourism industry

22nd September 2025

Munich Re, one of the world's largest reinsurance companies, has joined forces with Trust Edge Risk Solutions, Equirus Raghnall Brokers, and Solarelle Insurance to launch the Maldives’ first insurance policy designed specifically to address epidemic and pandemic risks. The policy, developed for members of the Maldives Association of Tourism Industry (MATI), ... Read the full article

Strong returns hold as property pricing slides but soft market concerns overstated: Citizens

19th September 2025

At this year’s Monte Carlo Rendezvous de Septembre, Citizens Bank, a provider of financial and insurance insights, observed that while property catastrophe pricing is sliding, the broader reinsurance market continues to deliver solid returns. After meeting with reinsurers, insurers, and brokers, Citizens Bank’s view is that speculation of a widespread soft ... Read the full article

Swiss Re and Munich Re back newly launched CEI & Generali parametric solution

19th September 2025

Global insurer Generali and Conferenza Episcopale Italiana (CEI) have partnered to launch a new parametric insurance solution to protect parish entities in Italy's 226 dioceses from the impacts of natural catastrophes. Swiss Re and Munich Re are providing reinsurance capacity and expertise for this program, which also involves broking group Howden ... Read the full article