Reinsurance News

risk transfer

Hymans Robertson launches Precision service to support DB pension data readiness

24th April 2026

Hymans Robertson, a UK-based pensions and financial services consultancy, has introduced a new service aimed at helping defined benefit (DB) pension scheme trustees and sponsors better understand and manage their scheme data and member benefits. According to Hymans Robertson, the service—named Precision—has been developed to enable trustees and sponsors to evaluate ... Read the full article

SageSure and Auros complete $175m US multi-peril cat bond issuance

6th March 2026

SageSure, a US residential property managing general underwriter operating in catastrophe-exposed markets, and Auros Reciprocal Insurance Exchange, a policyholder-owned property insurer, have confirmed the completion of the $175 million Gateway Re Ltd. Series 2026-2 catastrophe bond issuance. The transaction adds to SageSure’s activity in the insurance-linked securities (ILS) ... Read the full article

Hymans Robertson promotes Tom Caron to Operations Lead for its Risk Transfer team

19th February 2026

Hymans Robertson, a pensions and financial services consultancy, has announced the promotion of Tom Caron to Operations Lead of its Risk Transfer team. In this role, Caron will have operational responsibility for the team, leading on resourcing, people development, knowledge sharing, and regulatory compliance. He will also continue to provide advice ... Read the full article

Non-life run-off specialists emerge as central capital management partners for insurers: AM Best

12th January 2026

Non-life run-off specialists have moved well beyond their traditional role as managers of discontinued books and are now viewed as core strategic capital partners for insurers, according to a new report from the credit rating agency AM Best. The ratings agency notes that these firms are increasingly helping insurers release capital, ... 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

MetLife finalises $10bn variable annuity risk transfer with Talcott

2nd December 2025

MetLife, Inc., a provider of insurance, annuities, and employee benefit programmes, has finalised its previously announced $10 billion variable annuity risk transfer transaction with Talcott Resolution Life Insurance Company, a life insurance and annuities subsidiary of Talcott Financial Group. The company expects an annual reduction in adjusted earnings ... Read the full article

Parametric reinsurance gains momentum as Jamaica sees rapid hurricane payouts

11th November 2025

Willis Re, a specialised reinsurance broker, reports that two parametric risk transfer deals have recently drawn attention after confirming swift payouts to Jamaica. Hurricane Melissa activated the country’s $150 million World Bank sovereign bond, which had notably defaulted after Hurricane Beryl the previous year. At the same time, the Caribbean Catastrophe ... Read the full article

Aon reports competitive conditions in global insurance market amid underlying risks

4th November 2025

Global professional services firm Aon has released its Q3 2025 Global Insurance Market Insights report, which outlines one of the most competitive insurance markets seen in recent years. According to Aon, buyers across many regions are benefiting from ample capacity, broader coverage, and double-digit rate reductions across a range of insurance ... Read the full article

Property cat rates expected to fall ~10% at June 1 but market dynamics still favourable: KBW

22nd May 2025

KBW, an investment bank focused on insurance and reinsurance markets, has provided a detailed outlook on the upcoming June 1, 2025, reinsurance renewals, along with projections for the January 1, 2026 renewal season. According to KBW’s recent discussions with top industry executives during their Bermuda tour, property catastrophe excess-of-loss reinsurance rates ... Read the full article

Howden Re’s cyber risk report reveals 62% market share held by top 5 reinsurers

29th April 2025

Howden Re, the reinsurance, capital markets, and strategic advisory division of Howden, has released Into the Cyberverse, an in-depth report examining the future of cyber risk transfer and outlining the necessary structural changes for creating a sustainable, scalable market. The report assesses how cyber losses move through the reinsurance ecosystem and ... Read the full article

Record-breaking transactions drive innovation in PRT market: Hymans Robertson

9th April 2025

165 deals were transacted from 1 July to 31 December 2024 in the DB pension scheme risk transfer market, with a total value of £32.6 billion, marking a record-breaking second half of the year, according to a recent Hymans Robertson report. This beats the previous record set during the second half ... Read the full article

Nagaland processes first claim under Parametric Disaster Insurance

24th March 2025

Nagaland has successfully processed its first claim under the Disaster Risk Transfer Parametric Insurance Solution (DRTPS), marking a significant step towards improving the state's disaster management efforts. In 2024, the Nagaland State Disaster Management Authority (NSDMA), in collaboration with SBI General Insurance, introduced this innovative multi-tier DRTPS agreement to strengthen disaster ... Read the full article

Organisations to benefit from Artex newly launched Vermont Protected Cell Company

15th July 2024

Artex, Gallagher's wholly-owned subsidiary for alternative risk and capital, has launched its first Vermont Protected Cell Company (PCC), to provide organisations of all sizes and industries with an alternative platform to support their risk transfer needs. Artex Axcell PCC (Vermont), Inc. was formed in April 2024 to provide companies the ability ... Read the full article

Paul Jones takes charge of Lockton UK’s specialised Parametrics Practice

7th June 2024

Insurance brokerage Lockton has appointed Paul Jones as the leader of Parametric Solutions for the UK & Europe in its Property & Casualty (P&C) Specialties division. Jones commented: “I am thrilled to be joining Lockton to develop its Parametric proposition to clients. It is a really exciting time to come on ... Read the full article

Cerchia adds cyber cat industry-loss index to its platform

8th December 2023

Cerchia, a provider of decentralised risk transfer solutions, has successfully integrated a cyber cat industry-loss index, featuring data sourced from PCS (Property Claim Services), expanding its risk transfer capabilities, beyond classical Nat Cat. The addition of this new risk Index expands Cerchia’s risk transfer capabilities beyond pure property catastrophe risk, which ... Read the full article