Reinsurance News

Retrocession

Find all of our news and analysis on the retrocession market below.

Retrocession is essentially reinsurance for reinsurance companies, enabling reinsurers to cede a portion of their risks to another party, for protection and to manage risk or capital.

Typically, a reinsurer (retrocedent) will cede some or all of its reinsurance risk to another reinsurer (known as the retrocessionaire), in order to reduce exposure to major events, to hedge its portfolio, increase underwriting capacity, with the goal of stabilising results and better managing capital.

Read all of our retrocession news below.

Reinsurance pools, retro underpin terrorism risk resilience in a complex threat landscape: Guy Carpenter’s Gallagher

20th March 2026

Tony Gallagher, Regional CEO for Asia Pacific at Guy Carpenter, the global reinsurance broking business and part of Marsh, has set out a detailed case for the central role of reinsurance, retrocession and terrorism pools in supporting market capacity amid a rapidly shifting threat landscape. Speaking at the global forum for ... Read the full article

Active Re places more comprehensive retrocession programme

5th March 2026

Barbados-based reinsurer Active Capital Reinsurance, Ltd. (Active Re) has successfully completed its Global Retrocession Programme, purchasing more comprehensive protection in terms of scope and territory. The retrocession programme was placed as part of a capital protection strategy aimed at preserving balance sheet strength throughout the market cycle. The protection covers Active Re’s ... Read the full article

Lancashire ‘very pleased’ with outcome of Jan 1 reinsurance renewals: CUO Gregory

5th March 2026

Bermuda-based insurer and reinsurer, Lancashire Insurance Holdings, is "very pleased" with the outcome of its inwards and outwards reinsurance renewals at January 1, 2026, as the firm took advantage of the opportunity to tailor better structured products to help manage its earnings volatility in this phase of the cycle, said ... Read the full article

Pool Re finalises renewal of £2.75bn retrocession placement

5th March 2026

Britain’s government-backed terrorism reinsurer, Pool Re, has completed the placement of its 2026 retrocession placement, securing £2.75 billion of aggregate excess of loss cover, including new cover for non-damage business interruption (NDBI). In terms of the size, the £2.75 billion of retro reinsurance protection secured through this 36 month placement is ... Read the full article

ARPC completes reduced $2bn terrorism retrocession program for 2026

16th February 2026

Australia’s terrorism reinsurance pool, administered by Australian Reinsurance Pool Corporation (ARPC), has purchased a reduced terrorism retrocession limit of $2 billion, with an increased deductible of $500 million, for the 2026 calendar year. ARPC explained that this reflects its current assessment of portfolio risk, prevailing reinsurance market conditions, and the protection ... Read the full article

Non-proportional cyber pricing falls up to 25% as XoL and hard retro gain ground at 1.1: Guy Carpenter

31st December 2025

Guy Carpenter, a global reinsurance intermediary, has released its January 1, 2026 Reinsurance Renewal Report, outlining a cyber renewal season defined by disciplined execution, competitive pricing conditions and continued structural innovation, particularly in cyber reinsurance. According to the report, ceding commissions generally settled between flat and up to two percentage points ... Read the full article

Lloyd’s approves OAK Global’s Syndicate 1440 for underwriting

19th November 2025

OAK Global, an independent reinsurance group that provides risk solutions and underwriting capacity to clients worldwide, announced that Lloyd’s has granted approval for underwriting to begin through Syndicate 1440. The syndicate will operate within OAK Enterprise, a new strategic business unit that will offer property and specialty retrocession capacity for business ... Read the full article

Active Re expects retro philosophy shift to deliver measurable benefits

11th November 2025

According to Active Re’s 2024 Annual Report, the global reinsurer is transforming its retrocession approach, moving from a transactional model to a more strategic, integrated framework. This change is designed to improve capital efficiency, optimise cash flow, and strengthen alignment between in-house underwriting and its network of Managing General Agents (MGAs). "Active ... Read the full article

Conduit Re in ‘full preparation mode’ as market discipline holds and rates begin to soften: CEO Eckert

5th November 2025

During a recent interview, Neil Eckert, co-founder and Chief Executive Officer (CEO) of Bermuda-based reinsurer Conduit Re, said the company reported a benign third quarter, reaffirming its guidance for year-end as the market shows early signs of rate softening in property catastrophe and retrocession. In its Q3’25 results, Conduit ... Read the full article

Serene Chiam joins UIB Asia Treaty & Retro Division as Director

31st October 2025

United Insurance Brokers Limited (UIB), an international reinsurance and insurance broker, has announced the appointment of Serene Chiam as Director - Broking Support, within the Treaty & Retro Division, UIB Asia. Based in Singapore, Chiam will focus on broking support and treaty placements, ensuring the division continues its drive toward operational ... Read the full article

Peak Re appoints Eun Jeong Lee as SVP Retrocession

31st October 2025

Hong Kong-based global reinsurer Peak Re has announced the appointment of Eun Jeong Lee as Senior Vice President (SVP), Retrocession. Lee brings deep expertise in reinsurance, actuarial science, and risk management, joining Peak Re after spending 19 years at Korean Reinsurance Company (Korean Re). Most recently, she served as Deputy Branch Manager ... Read the full article

Hannover Re announces key leadership changes in ILS & retrocession

1st October 2025

Global reinsurer Hannover Re has announced key leadership transitions and appointments within its Insurance-Linked Securities (ILS) and retrocession activities. Henning Ludolphs, Managing Director Retrocession and Capital Markets at Hannover Re, will transition into an advisory role effective 1st October 2025, serving in this capacity until his retirement in 2026. Ludolphs joined Hannover ... Read the full article

There will be pockets of softness and hardness in the non-cat space: Conduit Re CEO

9th September 2025

Neil Eckert, co-founder and Chief Executive Officer (CEO) of Bermuda-based reinsurer Conduit Re, said this morning at the company's briefing in Monte Carlo at RVS 2025, that there will be areas of softness and hardness in the non-catastrophe space heading into 2026. While property cat often dominates headlines in the reinsurance ... Read the full article

SCOR/Covéa arbitration on retrocession treaties stays on track

15th August 2025

SCOR has confirmed that the arbitration tribunal overseeing its dispute with Covéa over June 2021 retrocession treaties will keep to the original timetable, with a final ruling expected in 2026. Providing some background, in 2022, SCOR filed an arbitration seeking the execution of the retrocession treaties signed with Covéa in June ... Read the full article

Hannover Re seeing growth in most segments, nat cat risk appetite expanding: Sven Althoff

12th August 2025

Hannover Re, one of Europe's big four reinsurance companies, has achieved year-to-date growth in traditional treaty renewals of 5.4%, with one of the key drivers being underlying expansion of the firm's ceding companies, while the carrier's appetite for natural catastrophe risk is also growing, according to Sven Althoff, Member of ... Read the full article