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.
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
Marsh launches BrokerSafe amid ongoing challenges in freight broker auto liability market
15th August 2025
Marsh, an insurance broker and risk advisor under Marsh McLennan, has introduced BrokerSafe, an insurance facility aimed at US freight brokers seeking access to auto liability coverage in a market where options have become more limited and costly. Freight brokers link shippers with trucking companies, but their position can leave them ... Read the full article
Swiss Re urges vigilance amid geopolitical, economic, and climate risks
15th August 2025
In their mid-year letter to shareholders, reinsurance company Swiss Re’s Chairman Jacques de Vaucleroy and Group Chief Executive Officer, Andreas Berger stressed the importance of maintaining vigilance, even in a period of strong operational performance. They pointed out that 2025’s outlook remains unsettled, shaped by geopolitical tensions and macroeconomic uncertainty, which ... Read the full article
B.P. Marsh commits $5m to new XPT reinsurance venture
15th August 2025
B.P. Marsh & Partners Plc, a London-listed investment firm specialising in early-stage and niche financial services businesses, has agreed to invest up to $5 million in Gambit Risk Finance LLC, a newly created reinsurance company tied to its US portfolio business, XPT Group LLC. Gambit Re is intended to provide limited ... Read the full article
Disciplined capital deployment & underwriting key as reinsurance market enters period of sustained profitability: AM Best
14th August 2025
As the global reinsurance market enters a period of sustained profitability and stability, disciplined capital deployment and strong underwriting remain crucial, a recent AM Best report has revealed. The Best’s Market Segment Report, “Reinsurers’ Disciplined Capital Deployment and Underwriting Remain Key Foundations,” highlights a significant market recalibration that began in early ... Read the full article
Dynamic Re strengthens leadership to support global expansion
13th August 2025
Dynamic Re, a global underwriting firm providing reinsurance solutions to clients and partners worldwide, is expanding its operations and updating its leadership structure to support this growth. Francisco Hernández has been appointed Global CEO, overseeing operations in Latin America, the Middle East and North Africa, Spain, and soon London. He will lead ... Read the full article
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