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.

April investments highlight growing appetite for China’s re/insurance sector

19th May 2025

April investments in four Chinese insurers by foreign shareholders signals growing international appetite in the country’s re/insurance industry, media group Yicai Global highlighted in a recent publication. This group includes four local insurers: Generali China Insurance, Fosun United Health Insurance, AXA International Reinsurance and Citic Prudential Life, according to data from ... Read the full article

CIAB reports moderation in commercial insurance premium increases for Q1’25

16th May 2025

The latest market survey from The Council of Insurance Agents & Brokers reveals a noticeable easing in premium increases across all commercial insurance account sizes in the first quarter of 2025. According to their findings, premium increases across all account sizes moderated to an average of 4.2%, a drop from the ... Read the full article

Cyber threats and contract weaknesses dominate supply chain risk agenda in 2025: WTW

16th May 2025

WTW, an advisory, broking, and solutions firm, has revealed its latest Global Supply Chain Risk Survey, capturing a major pivot in how large corporations are approaching supply chain risk in 2025. The report, based on responses from 1,000 senior executives across multiple industries, highlights a growing urgency to confront digital threats ... Read the full article

Lloyd’s Q2’25 Market Message: risk awareness, not risk aversion, marks a defining juncture

15th May 2025

As the Lloyd’s marketplace charts its course through a more uncertain environment, Q2 2025’s Market Message came with a clear directive: "We aren’t risk off, but we are risk aware." At the heart of this quarter’s address was Patrick Tiernan, speaking for the final time as Lloyd’s Chief of Markets before ... Read the full article

AM Best supports EU nat cat insurance proposal but stresses need for greater clarity

15th May 2025

AM Best, the credit rating agency, has expressed cautious support for a new European Union proposal to create a public-private reinsurance scheme focused on natural catastrophe risks. While the credit rating agency sees potential benefits for the insurance sector across the bloc, it emphasises that many of the plan’s essential details ... Read the full article

Conduit Re continues to evolve reinsurance strategy amid desire to reduce volatility: CEO

15th May 2025

Conduit Re, a Bermuda-based reinsurer specialising in property, casualty, and specialty lines, has made some notable changes to its outward reinsurance strategy, aiming to better shield its portfolio from increasingly volatile secondary perils such as wildfires, floods, and convective storms. The new CEO Neil Eckert ... Read the full article

US surplus lines market sees continued growth amid P&C pressures: AM Best

15th May 2025

AM Best, a credit rating agency, has released a new report showing continued growth in the premiums generated by non-admitted insurers within the US surplus lines market. This rise in premiums highlights significant opportunities spurred by ongoing challenges in the property and casualty (P&C) sector. The latest Best's Special Report reveals that ... Read the full article

Conduit Re seeing opportunity to deploy more capacity into casualty risks

14th May 2025

As the re/insurance market enters into a more competitive phase, it presents Conduit Re with an opportunity to deploy more capacity into casualty risks, Neil Eckert, who was recently appointed as the company’s new CEO, highlighted during the reinsurer’s analyst call following the release of its Q1’25 financial results. “We ... Read the full article

S&P cites Bermuda’s key insurance industry as islands sovereign ratings affirmed

14th May 2025

S&P Global Ratings has affirmed Bermuda’s long-term sovereign credit rating at 'A+' and its short-term rating at 'A-1', with a stable outlook. This reflects expectations of a steady macroeconomic environment underpinned by strong institutional frameworks, prudent fiscal policy, and a high-income economy. The stable outlook indicates S&P's view that Bermuda will maintain ... Read the full article

Stable outlook for GCC insurance market: AM Best

14th May 2025

AM Best, the credit rating agency, has reaffirmed its stable outlook for the insurance markets of the Gulf Cooperation Council (GCC), which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE). In its latest report, Best’s Market Segment Report: Market Segment Outlook: Gulf Cooperation Council Insurance, AM ... Read the full article

IRLA Congress: Legacy market shifts to proactive capital management and risk solutions

12th May 2025

The legacy and reinsurance market, once viewed as a niche or reactive segment of the insurance sector, has now become a central component of capital management strategies and long-term planning. That was the consistent theme emerging from this year’s IRLA Congress & Business Seminar, where industry leaders underscored the market’s growing ... Read the full article

AM Best upgrade fuels casualty growth in strong market conditions: Hamilton CEO

12th May 2025

Hamilton Insurance Group, a Bermuda-based insurance and reinsurance provider known for its underwriting platforms, is making the most of favourable conditions in the casualty market—bolstered by a recent credit rating upgrade from AM Best, the credit rating agency. During the company’s Q1 2025 earnings call, CEO Pina Albo highlighted a strong ... Read the full article

FY 24/25 results show Skuld profit on premium and investment gains

12th May 2025

Skuld, a global marine insurer, reported a solid financial result of USD 21 million for the financial year ending 20 February 2025. Despite a more demanding claims environment, the company’s performance was underpinned by a significant rise in gross earned premium and strong investment income across multiple asset classes. Gross earned premium ... Read the full article

Taiwan dollar’s sharp appreciation poses risks to life insurers’ overseas investments: AM Best

9th May 2025

According to a recent commentary published by AM Best, the credit rating agency, the Taiwan dollar has strengthened against the US dollar at a speed not previously recorded, gaining approximately 8% within a two-day span. AM Best states that this sharp currency movement may have significant repercussions for Taiwanese life insurers, ... Read the full article

IHC, BlackRock, Lunate partner for $1bn+ Abu Dhabi AI-native reinsurance launch

9th May 2025

The International Holding Company (IHC) is launching a new Abu Dhabi based reinsurer with $1 billion plus of equity capital and partnerships with asset managers BlackRock and Lunate, while Mark Wilson the former CEO of Aviva and AIA Group has been lined up to lead the reinsurance start-up as CEO. IHC ... Read the full article