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.

Helios Underwriting updates mid-point forecasts for 2023/24 syndicate portfolio

27th August 2025

Helios Underwriting, a publicly listed company providing direct access to a range of syndicates at Lloyd’s of London, has released updated mid-point forecasts for its syndicate portfolio covering the 2023 and 2024 years of account, based on second-quarter 2025 figures. Helios reports that the 2023 year of account shows a modest ... Read the full article

Volumes & revenue growth slowed as renewals progressed this year: Fitch

27th August 2025

The four largest European reinsurers – Munich Reinsurance Company (Munich Re), Swiss Reinsurance Company Ltd (Swiss Re), Hannover Rueck SE (Hannover Re) and SCOR SE – achieved a record average return on equity (ROE) of 21.1% in the first half of 2025 (1H25). They surpassed the previous 20.5% peak seen in ... Read the full article

Strategic focus drives profitable growth for re/insurers: Aon

26th August 2025

Aon, a global re/insurance broking group, has analysed $2 trillion of insurance premiums to identify the top profitable growth performers, concluding that “strategic focus and relevance consistently drive stronger financial outcomes — regardless of market conditions.” By comparing compound annual growth rates (CAGR) with returns on average equity (RoAE) for 120 ... Read the full article

Global reinsurers show resilience despite record cat losses in H1’25: Morningstar DBRS

26th August 2025

Global property and casualty reinsurers turned in solid results in the first half of 2025 despite facing record-breaking catastrophe losses, according to a new report from Morningstar DBRS, a credit rating agency and research provider. The firm noted that its group of selected top reinsurers generated an aggregated net income of ... Read the full article

S&P upgrades The Hartford and its subsidiaries to ‘AA-’ on strengthened capital and steady results

26th August 2025

S&P Global Ratings, a provider of independent credit ratings and financial analysis, has upgraded The Hartford Insurance Group and its core subsidiaries, citing consistent results and stronger capital resiliency. The Hartford, a US insurer known for its property and casualty coverage as well as employee benefits, has seen its financial strength ... Read the full article

Favourable market conditions drive peak P&C profitability for European reinsurers: Fitch

20th August 2025

Fitch Ratings has reported that property and casualty (P&C) reinsurance has reached peak profitability, with a record low average combined ratio of 81.5% for Europe's big four reinsurers. This “reflects healthy attritional performance and a low natural cat loss ratio for all reinsurers as market conditions remain favourable.” Reinsurers benefitted from a ... Read the full article

KCC identifies US coastal cities at risk of $100bn hurricane losses

20th August 2025

Karen Clark & Company (KCC), a provider of catastrophe risk modelling, has examined the likelihood of hurricanes causing insured losses exceeding $100 billion in the United States, highlighting the most vulnerable regions and what these exposures mean for the insurance industry. According to Karen Clark & Company’s analysis, hurricane losses are ... Read the full article

ASR accredited to offer reinsurance capacity in Rwanda

20th August 2025

Africa Specialty Risks (ASR), a developing markets-focused re/insurance group, announced it will now offer reinsurance capacity and support to the Rwandan insurance market, following accreditation by the National Bank of Rwanda (NBR). This significant and unitary accreditation applies to the entire ASR Group, which includes ASR Re, our Lloyd's Syndicate 2454 ... Read the full article

AM Best upgrades outlook on Dunav-Re’s credit rating amid strengthened financial backing

20th August 2025

AM Best, the credit rating agency, has changed the outlook on the Long-Term Issuer Credit Rating (Long-Term ICR) of Dunav-Re a.d.o (Dunav-Re), based in Serbia, from stable to positive. At the same time, the agency affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” (Good). ... Read the full article

Capital deployment becoming more diverse as reinsurance growth persists: AM Best

19th August 2025

As the overall size of the reinsurance market continues to expand, projected to reach a new high of $649 billion at year-end 2025, market concentration has gradually declined as capital deployment becomes more diversified across the sector, AM Best has revealed. According to the rating agency's “Global Reinsurance Market Report”, this ... Read the full article

RGA and Allianz Suisse complete $350m reinsurance transaction

18th August 2025

Reinsurance Group of America, Incorporated (RGA), an international life and health reinsurer, has completed an asset-intensive reinsurance arrangement with Allianz Suisse Versicherungs-Gesellschaft AG. The agreement transfers market and insurance risks associated with US $350 million in Swiss disability annuity obligations. This marks the first arrangement of its type in Switzerland and ... Read the full article

AM Best revises credit ratings for Milli Re, citing improved capital position and economic stability

18th August 2025

AM Best, a credit rating agency focused on the insurance industry, has upgraded the credit ratings of Millî Reasürans Türk Anonim Şirketi (Milli Re), a Türkiye-based reinsurance company. The Financial Strength Rating (FSR) has been raised from C+ (Marginal) to C++ (Marginal), and the Long-Term Issuer Credit Rating (Long-Term ICR) has ... Read the full article

Canada’s secondary peril losses demand new risk management strategies: Swiss Re

15th August 2025

Jolee Crosby, CEO of Reinsurance Canada at Swiss Re, highlights the urgent need for the insurance industry to respond to the increasing financial impact of secondary natural hazards in Canada. As the country faces a rise in costly floods, wildfires, hailstorms, and post-tropical storms, traditional modelling alone is no longer sufficient ... Read the full article

Potential merger of Indonesian reinsurers could weaken capital profile without fresh funding: Fitch

15th August 2025

Fitch Ratings, a credit rating agency, stated on 14 August 2025 in Sydney and Jakarta that the proposed consolidation of three Indonesian reinsurers could undermine the capital strength of the domestic reinsurance sector in the absence of fresh capital injections. Fitch said the merged company would likely have reduced underwriting capacity, ... Read the full article

Equitable takes step to mitigate mortality risk with major reinsurance deal

15th August 2025

Equitable Holdings, a financial services company specialising in retirement, wealth management, and protection solutions, has recently announced that it has completed a major strategic transaction aimed at substantially reducing its exposure to mortality-related risk. On July 31, the company finalised a reinsurance agreement with Reinsurance Group of America (RGA), which is ... Read the full article