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.

Legacy and retrospective reinsurance become a strategic capital tool for cedants: Howden Re

4th June 2026

The use of legacy and retrospective reinsurance has evolved from operational relief to capital and financial target optimisation tools for cedants, Alex Roth, Head of Capital & Operational Solutions, International at Howden Re, highlighted in a recent commentary. Over the past decades, the legacy and retrospective reinsurance market operated under a ... Read the full article

More options for cedants as reinsurers broaden coverage: Gallagher Re’s Schwebach

4th June 2026

As traditional reinsurers expand their coverage and show more willingness to support lower layers, primary carriers are benefiting from increased optionality and are facing less pressure to leverage captives for their first-layer risks, according to Adam Schwebach, Head of Property, North America, at Gallagher Re. In an interview with Reinsurance News, ... Read the full article

Gallagher Re becomes first reinsurance broker to deploy Allphins’ exposure management platform

3rd June 2026

Gallagher Re has announced the deployment of the Allphins exposure management platform, becoming the first reinsurance broker to license this tool. The global broker signed a multi-line agreement for the platform covering property, onshore energy, and terrorism lines. The deployment comes as property catastrophe rates face continued pressure, encouraging brokers to find ... Read the full article

HCI’s total aggregate XoL reinsurance increases to $4.1bn for 2026-27 treaty year

1st June 2026

Insurance holding company HCI Group, Inc. has completed its catastrophe reinsurance programs for the 2026-2027 treaty year, securing $4.06 billion in aggregate excess of loss (XoL) limit for the period, representing a 16% increase from the prior treaty year. HCI secured three reinsurance towers for the 2026-2027 treaty year, which runs ... Read the full article

Property cat pricing trending down mid-teens at mid-year renewals: BMO Capital Markets

26th May 2026

Property catastrophe reinsurance pricing is trending down mid-teens for the mid-year 2026 renewals, meeting or beating market expectations, according to BMO Capital Markets, who also expect prices to stay under pressure absent a significant $100 billion or more of reinsurance losses. Unlike previous soft market cycles, analysts at BMO note that ... Read the full article

American Global Insurance secures quota share agreement with Lloyd’s syndicates

26th May 2026

American Global Insurance, part of the American Global Insurance and Reinsurance Group (American Global Group), has secured a major quota share reinsurance partnership with two corporately owned Lloyd’s syndicates to back its healthcare indemnity insurance portfolio. Effective January 1, 2026, the participating Lloyd’s syndicates assumed 50% of premiums and losses for ... Read the full article

Pacific Life Re welcomes JFSA’s proposed guideline amendments

26th May 2026

Pacific Life Re, the reinsurance arm of Pacific Life, has welcomed the Japan Financial Services Agency’s (JFSA) proposed guideline amendments to the Comprehensive Guidelines for Supervision of Insurance Companies as they promote the sound development of asset intensive reinsurance (AIR). “While the final form of the guidelines has yet to be ... Read the full article

European reinsurers deliver higher profits despite weaker revenue growth in Q1’26: Fitch

20th May 2026

Fitch Ratings, the international credit ratings and research agency, has said that Europe’s four largest reinsurers posted stronger earnings in the first quarter of 2026, although overall revenue growth declined as market conditions became less favourable. In its latest assessment, Fitch Ratings said Munich Re, Swiss Re, Hannover Re and SCOR ... Read the full article

ICIEC, OeKB strengthen export credit and investment risk coverage with reinsurance agreement

14th May 2026

ICIEC, a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, and OeKB, acting as agent of the Republic of Austria under the Export Guarantees Act, have signed a Framework Reinsurance Agreement to strengthen export credit and investment risk coverage. This agreement, signed during the 2026 Spring Meeting of ... Read the full article

Alternative capital redesigning reinsurance, but still has challenges to face: Guy Carpenter

13th May 2026

Alternative capital is rewriting the rules of reinsurance, and while it seems it is here to stay, its rapid integration brings distinct structural challenges, a recent Guy Carpenter report highlights. The ‘Convergence of Financial and Reinsurance Capital: How catastrophe bonds, sidecars, and financial investors are redesigning the architecture of global reinsurance’ ... Read the full article

Capital redeployment a big challenge for reinsurers in 2026: Gallagher Re’s van Wegen

13th May 2026

Capital redeployment is set to be the biggest challenge for reinsurance companies in 2026, Michael van Wegen, author of Gallagher Re’s Full Year Reinsurance Market Report, highlighted in a recent interview with Reinsurance News. The report revealed that total dedicated reinsurance capital rose to a record $648 billion in 2025, ... Read the full article

Price softening to persist into 2027 without significant industry cat loss: JP Morgan

12th May 2026

Unless there is a significantly large industry catastrophe loss, reinsurance pricing will continue to soften into 2027, JP Morgan analysts highlight in a most recent Love Actuary report. The acceleration of reinsurance price softening is evident in 2026, a trend unlikely to stop as mid-year renewals near, driven by robust surplus ... Read the full article

A diversified portfolio is key to navigating a softening cycle: Hamilton Re’s Daws

12th May 2026

As the reinsurance industry approaches the mid-year 2026 renewal season, Adrian Daws, CEO of Hamilton Re, the Bermuda-based underwriting platform of global specialty insurer and reinsurer Hamilton, remains optimistic about its growth opportunities, even as the market navigates transitioning conditions. Speaking with Reinsurance News during our visit to Bermuda, Daws emphasised ... Read the full article

IRLA Congress: Legacy market matures into strategic capital and operational partner for re/insurers

11th May 2026

The legacy and retrospective reinsurance market is entering a new phase of maturity, driven by growing demand for capital optimisation, operational efficiency and increasingly sophisticated transaction structures. That was the central message from this year’s IRLA Congress & Business Seminar, where industry leaders described a sector that is no longer simply ... Read the full article

Quality of Hannover Re’s portfolio after renewal still very sound despite surprises: Althoff

11th May 2026

Despite several unexpected factors that challenged initial expectations during the latest renewal season, Hannover Re’s portfolio quality remained sound, according to Sven Althoff, a Member of the Executive Board for Property & Casualty, during the company’s recent analysts’ call. Althoff highlighted stronger pricing pressure as one of the main surprises during ... Read the full article