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.

Strong performance for global P&C reinsurers in 2024, with challenges ahead: Morningstar DBRS

3rd April 2025

Morningstar DBRS, a provider of credit ratings, research, and risk analysis, highlights that global P&C reinsurers delivered strong profitability in 2024, driven by favourable underwriting conditions and solid investment income, but warns of potential challenges ahead amid market volatility, geopolitical risks, and natural catastrophe events. Morningstar DBRS has shared commentary on ... Read the full article

Marsh McLennan Agency expands with acquisition of Arthur Hall Insurance

3rd April 2025

Marsh McLennan Agency (MMA), a division of Marsh and a provider of business insurance, employee benefits, retirement and wealth services, and private client insurance across the US and Canada, has acquired Arthur Hall Insurance, an insurance agency based in West Chester, Pennsylvania, with financial details of the acquisition not disclosed. Founded ... Read the full article

Reinsurers willing to deploy additional capacity at Asia April 1 renewals: Aon

1st April 2025

Aon, a global risk management and professional services firm, has released its 2025 April Reinsurance Market Dynamics Report, detailing favourable conditions for buyers during the April 1 renewals, a period heavily focused on Asia and particularly Japan. According to Aon, reinsurers displayed a strong willingness to deploy additional capacity at this ... Read the full article

Health and safety risks are top priority for 80% of directors and officers: Willis

1st April 2025

Willis, a WTW business, has revealed that health and safety risks remain a leading priority for directors and officers across the globe. According to the latest Directors and Officers Liability Insurance Survey, 80% of respondents consider these risks to be either very important or extremely important to their organisations. This survey ... Read the full article

Talcott enters major reinsurance agreement with Japan Post Insurance

28th March 2025

Talcott Financial Group, a life insurance provider specialising in risk solutions, has announced a reinsurance agreement between its subsidiary, Talcott Life Re, Ltd., and Japan Post Insurance Co., Ltd. As part of the transaction, Talcott Life Re will reinsure a ¥550 billion ($3.6 billion) portfolio of in-force payout annuities, while Japan ... Read the full article

Reinsurers must adapt strategies to align with risk introduced by GLP-1 therapies: Gallagher Re

28th March 2025

Gallagher Re, a reinsurance brokerage and risk management services provider, has released a report on the impact of GLP-1 receptor agonists on medical trends and reinsurance. According to the report, as these therapies continue to reshape medical trends and insurance structures, reinsurance providers will need to adapt their strategies to align ... Read the full article

European reinsurers experience ROE improvement: Goldman Sachs

28th March 2025

Following strong returns in 2023 and 2024, return on equity (ROE) has improved for the European reinsurance sector, which has now exceeded cost of equity in three of the last four years, according to Goldman Sachs. Prior to 2023 and 2024, the reinsurance industry had only covered its cost of equity ... Read the full article

US tariffs hit personal lines insurers hardest, J.P. Morgan reports

27th March 2025

J.P. Morgan, a financial services firm, recently conducted an in-depth analysis of the potential effects of US tariffs on the insurance industry. Their findings suggest that personal lines insurers, which include companies providing auto and home insurance, are more vulnerable to the direct consequences of tariffs than commercial insurers or reinsurers. While ... Read the full article

Fortitude Re subsidiary prices $750m private offering of senior notes

27th March 2025

Fortitude Group Holdings, a wholly owned subsidiary of Fortitude Re, has announced the pricing of a private offering of $750 million aggregate principal amount of 6.25% senior unsecured notes due 2030. The company intends to use the net proceeds from this offering to reduce its outstanding term loan borrowings, cover associated ... Read the full article

MAPFRE Economics raises global growth forecast to 3.1% for 2025, led by Asia

27th March 2025

MAPFRE Economics, the research arm of MAPFRE, a Spain-based insurance company, has raised its global growth forecast in its latest Economic and Industry Outlook 2025 report, projecting a 3.1% increase in global GDP for 2025, a slight upward revision from previous estimates. The report also anticipates a 3% global growth rate ... Read the full article

Insurers shift investment strategies as inflation concerns resurface: Goldman Sachs

27th March 2025

Goldman Sachs Asset Management, an investment firm managing assets across diverse sectors, has released its 14th Annual Global Insurance Survey, offering insight into how insurers are adjusting their investment strategies in response to evolving economic challenges. With inflation concerns intensifying, 52% of insurers now identify it as the most significant macroeconomic ... Read the full article

Canada Life Re appoints Eamon Loughnane as Global P&C leader as Gabriel Kelly retires

26th March 2025

Canada Life Reinsurance, a provider of reinsurance solutions, has recently announced the upcoming retirement of Gabriel Kelly, a key contributor to the company’s success for over three decades, and the appointment of Eamon Loughnane as the new leader of its Global P&C arm. With 33 years of dedicated service, Kelly has ... Read the full article

‘Lloyd’s continued to demonstrate its value’ in 2024: CEO Neal

25th March 2025

John Neal, Chief Executive Officer of Lloyd’s of London, has reflected on a year shaped by geopolitical instability, economic uncertainty, and accelerating technological change. In his statement, he began by expressing gratitude to employees and market members, stating, "I would like to thank members of the market and Corporation employees for ... Read the full article

Life insurance industry stabilises as mortality rates return to pre-pandemic levels: Moody’s

25th March 2025

According to Moody’s, a provider of credit ratings, research, and risk analysis, the insurance sector has experienced significant transformations in the five years following the COVID-19 pandemic. Moody's special report highlights how the pandemic has reshaped various industries, with particular impacts on the insurance market, driven by heightened mortality rates, shifts ... Read the full article

AM Best assigns stable ratings to Fortegra Belgium Insurance Company

25th March 2025

AM Best, the credit rating agency, has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of "a-" (Excellent) to Fortegra Belgium Insurance Company NV (FBIC), based in Belgium. The outlook for both ratings is stable, reflecting FBIC's strong balance sheet, as assessed by AM Best, ... Read the full article