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 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
Strong ‘24 performance bolstered European reinsurers’ credit strength but challenges loom: Fitch
24th March 2025
A second consecutive year of robust financial performance in 2024 has bolstered the credit strength of Europe's four largest reinsurers, positioning them to navigate potentially less favourable market conditions in 2025, according to a recent Fitch Ratings report. Positive market conditions, sustained underwriting discipline, and strong investment returns drove significant capital ... Read the full article
Surplus notes gaining popularity among insurers as financial flexibility tool: AM Best
24th March 2025
AM Best, a global credit rating agency specialising in the insurance sector, has released a new report shedding light on a significant trend in the US property/casualty (P&C) and health insurance markets. According to their findings in the Special Report, "Hard Reinsurance Market Makes Surplus Notes Attractive for Some," surplus notes ... Read the full article
US P&C insurance industry generated $170bn net income in 2024: Verisk, APCIA
21st March 2025
According to Verisk, a provider of data analytics and technology solutions, and the American Property Casualty Insurance Association (APCIA), the primary national trade association for home, auto, and business insurers, the US property and casualty insurance industry is estimated to have earned $170 billion in net income for 2024. However, it's ... Read the full article
Ethan Godlieb joins Consilium as Associate Partner
21st March 2025
Consilium, a specialty re/insurance broking business of the Aventum Group, has announced the appointment of Ethan Godlieb as Associate Partner to lead Cyber, Tech, and Fintech within its Professional & Executive Risks Division. Godlieb will join Consilium in May after completing his notice period at Aon, where he serves as Cyber ... Read the full article
IQUW introduces Active Assailant insurance in partnership with Crisis24
20th March 2025
Specialty insurer and reinsurer IQUW has introduced a new Active Assailant insurance offering in collaboration with Crisis24, a crisis response specialist. This product is designed to provide coverage for physical attacks perpetrated by individuals or groups using weapons like guns, knives, vehicles, or drones, aimed at inflicting harm, injury, death, or ... Read the full article
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