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.
Reinsurers have ‘three organic options’ to strengthen market position: BCG
3rd June 2025
As concentration in reinsurance increases, those players who want to secure a stronger place in the market, or just stay relevant, have three organic options: expand their offerings, expand where they play, or expand their relationships, Boston Consulting Group (BCG) analysts highlight in a recent report. For over four decades, the ... Read the full article
Howden Re and Rivonia Road Capital expand financing for insurance professionals
3rd June 2025
Howden Re, the reinsurance, capital markets, and strategic advisory division of Howden, an insurance intermediary group, has formed a Strategic Cooperation Agreement with Rivonia Road Capital, a US-based credit investment firm. This collaboration is focused on delivering tailored financing solutions to insurance agents, brokers, and other industry participants, with a special ... Read the full article
HCI lifts reinsurance limit to over $3.5bn at June 1 renewal
3rd June 2025
HCI Group, a Tampa-based insurance holding company specialising in property and casualty coverage, has finalised its catastrophe reinsurance programme for the 2025-2026 treaty year, which runs from June 1, 2025, through May 31, 2026, securing more than $3.5 billion in limit. Last year, the insurer secured $2.7 billion ... Read the full article
Start Network and Aon launch reinsurance mechanism to strengthen climate crisis funding
3rd June 2025
Start Network, a coalition of over 50 humanitarian charities, and Aon, a global re/insurance broker, have partnered to launch an innovative reinsurance product to strengthen Start Ready’s ability to provide early, anticipatory funding for climate crises. This mechanism provides a crucial reinsurance layer of protection to Start Ready, a global pooled ... Read the full article
Small size, mixed capital strength shape EMEA reinsurer ratings: Fitch Ratings
3rd June 2025
Fitch Ratings, a credit rating agency known for its analysis of financial institutions and insurance entities, has identified size-related constraints and varying capital strength as key factors influencing the ratings of small reinsurers operating in the EMEA region. In its latest peer review published on 29 May 2025, Fitch assesses four ... Read the full article
London market holds firm as reinsurance discipline shapes 2025 outlook: Berenberg
30th May 2025
Berenberg, a private bank and financial institution in Europe, has released new analysis highlighting a clear trend across the London insurance market: stronger pricing discipline is holding, driven by structural changes in the global reinsurance space. The shift follows a period of elevated natural catastrophe losses, which prompted a reassessment of ... Read the full article
Adam Payne appointed Deputy Head of Digital Underwriting at Atrium
29th May 2025
Atrium, a specialty insurer at Lloyd’s, has promoted Adam Payne to the role of Deputy Head of Digital Underwriting. In this position, he will work in close partnership with Simon Lewis, Head of Digital Underwriting, to enhance Atrium’s digital infrastructure and improve efficiency for brokers and clients alike. Payne will take the ... Read the full article
Asian Re achieves strong growth and credit rating upgrade in 2024: AM Best
29th May 2025
Asian Reinsurance Corporation (Asian Re), a Thailand-based reinsurer providing risk transfer solutions across Asia in Thailand, has shown notable progress in its financial and operational performance during 2024. The company achieved a combined ratio of 84.9%, representing a significant improvement of 15.3% compared to the previous year. Net profit more than doubled, ... Read the full article
S&P lowers USAA rating, citing bank weakness and insurance gains
29th May 2025
S&P Global Ratings, a provider of independent credit assessments and financial analysis, has downgraded the credit ratings of United Services Automobile Association (USAA) and its core insurance subsidiaries from ‘AA+’ to ‘AA’. The ratings firm, known for its evaluations of companies’ creditworthiness and financial stability, assigned a stable outlook to the ... Read the full article
Insurance Europe leaders present five priorities to boost EU competitiveness and climate resilience
28th May 2025
Insurance Europe, the organisation representing the European insurance and reinsurance sector, has outlined key priorities ahead of the 15th International Conference. According to a statement from Insurance Europe’s leadership — Frédéric de Courtois, President; Alexander Sarrigeorgiou, Vice-President; and Thea Utoft Høj Jensen, Director General — the European insurance industry plays ... Read the full article
Jon Colello elected Chair of Reinsurance Association of America Board
27th May 2025
Jon Colello, President of PartnerRe Ltd., has been elected Chair of the Board of Directors for the Reinsurance Association of America (RAA)—a national trade association representing property and casualty reinsurers operating in the United States—during the organisation’s 57th Annual Meeting held on April 25, 2025. Joining Colello in leadership roles are ... Read the full article
Attractive returns amid property cat reinsurance rate pressure: Peel Hunt
27th May 2025
Property catastrophe reinsurance post Q1 2025 results indicate that while there is ongoing rate pressure, market discipline and strong cedent demand are helping to maintain a healthy balance for the property catastrophe reinsurance market, according to a recent Peel Hunt analyst report. The report highlights that rate adequacy and returns on ... Read the full article
Ping An introduces AI-powered “EagleX” to strengthen climate risk management worldwide
27th May 2025
Ping An Insurance (Group) Company of China, Ltd., an integrated financial services providers with a presence in insurance, banking, and asset management, has launched the international edition of its risk mitigation platform, "EagleX," through its subsidiary Ping An Property & Casualty Insurance (P&C). This advanced platform offers global users detailed disaster ... Read the full article
Competitive pension buyout costs decline in April 2025, Milliman reports
23rd May 2025
Milliman, Inc., a consulting and actuarial firm, has released its latest Milliman Pension Buyout Index (MPBI), revealing a meaningful reduction in the estimated cost of transferring retiree pension liabilities to insurers. According to Milliman’s April 2025 analysis, the cost of executing a pension risk transfer (PRT) through a competitive bidding process ... Read the full article
Property cat rates expected to fall ~10% at June 1 but market dynamics still favourable: KBW
22nd May 2025
KBW, an investment bank focused on insurance and reinsurance markets, has provided a detailed outlook on the upcoming June 1, 2025, reinsurance renewals, along with projections for the January 1, 2026 renewal season. According to KBW’s recent discussions with top industry executives during their Bermuda tour, property catastrophe excess-of-loss reinsurance rates ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
