Reinsurance News
Solvency II
Economic uncertainty dominates while capital positioning remains strong: Moody’s
14th May 2026
Moody’s Ratings, a credit ratings and risk analysis agency, has published findings from its annual survey of chief financial officers across 27 leading European re/insurers. Moody’s reports that the European insurance sector in 2026 is primarily focused on macroeconomic uncertainty, with competitive pressures and geopolitical risk also ranking highly. Despite this cautious ... Read the full article
Moody’s maintains stable outlook for European insurers amid economic and geopolitical pressures
11th May 2026
Moody's Ratings, the international credit ratings, research and risk analysis company, has reaffirmed its stable outlook for Europe’s property and casualty (P&C) and life insurance sectors, while highlighting growing pressure from competition, slower economic growth and geopolitical uncertainty. Moody’s said profitability among P&C insurers has recovered to levels recorded before the ... Read the full article
EU insurers and reinsurers expand private credit exposure: S&P
23rd April 2026
S&P Global Ratings, the credit rating agency, reports that insurers and reinsurers in the European Union have been steadily increasing their allocation to private credit. The findings are presented in its Insurance Brief published on April 23, 2026, which the company notes does not constitute a rating action. S&P Global Ratings states ... Read the full article
UK life insurers’ annuity volumes expected to rebound in 2026 while margin pressure persists: Fitch
23rd April 2026
Fitch Ratings, a global credit ratings agency, expects UK life insurers’ pension risk transfer (PRT) market activity to recover in 2026. Fitch Ratings links this expectation to continued demand from defined benefit pension schemes seeking to reduce balance sheet exposure, alongside the potential re-emergence of larger transactions. The agency notes that total ... Read the full article
ABIR and Insurance Ireland call for regulatory changes to strengthen EU securitisation market
9th March 2026
The Association of Bermuda Insurers and Reinsurers (ABIR), an industry association representing Bermuda’s international insurers and reinsurers, and Insurance Ireland, the representative body for the Irish insurance sector, are urging European Union policymakers to make regulatory adjustments to the EU securitisation framework. According to the organisations, such changes would allow proven ... Read the full article
Recognition of nat cat adaptation could strengthen EU insurers’ solvency ratios: Fitch
26th February 2026
Fitch Ratings, the credit rating agency, says that solvency capital ratios for insurers in the European Union with meaningful property exposures could edge higher if the European Insurance and Occupational Pensions Authority advances proposals to reflect natural catastrophe adaptation measures more directly within the standard formula framework. The agency regards the ... Read the full article
Nordic P&C insurers achieve strong underwriting results in 2025, growth set to moderate: Moody’s
23rd February 2026
Moody’s Investors Service, the international credit rating agency and provider of financial research, highlights that the eight leading Nordic property and casualty (P&C) insurers reported outstanding underwriting results in 2025. The sector’s average combined ratio, which represents claims and operating costs as a proportion of insurance revenue, declined to 84.8% from ... Read the full article
European captive insurers show strength and resilience amid global market shifts
13th November 2025
Credit rating agency AM Best reports that Europe’s captive insurance sector continues to demonstrate stability and resilience, even as global economic and geopolitical uncertainties persist. The development of new regulatory frameworks across several European countries is reshaping the regional landscape by encouraging both the creation of new captives and the redomiciling ... Read the full article
Fitch Ratings warns of mild credit risk from proposed Solvency II capital reductions
7th November 2025
Fitch Ratings, a provider of credit ratings, research, and risk analysis, has stated that the European Commission’s proposed reductions in Solvency II capital requirements would be mildly negative for the credit profiles of European insurers. According to Fitch, the proposals could encourage greater investment risk-taking and fail to fully capture life ... Read the full article
Insurance Europe warns Solvency II reform falls short of EU competitiveness goals
5th September 2025
Insurance Europe, the federation representing national insurance associations across 39 European countries, has cautioned that the European Commission’s draft Level 2 measures for Solvency II fall well short of political commitments made by EU lawmakers, jeopardising growth and putting billions in potential long-term investment at risk. In its consultation response, Insurance ... Read the full article
Solvency II: Insurance Europe calls for smarter capital rules to boost EU investment and growth
28th July 2025
Insurance Europe—the federation representing the European insurance and reinsurance industry—has welcomed the European Commission’s launch of its consultation on the Level 2 technical details of the Solvency II review. This consultation provides a vital opportunity to address overly cautious assumptions and unnecessary volatility in the current framework, which limit insurers’ ability ... Read the full article
S&P Global raises Sava Re group’s ratings to ‘A+’ following Slovenia’s sovereign upgrade
23rd June 2025
S&P Global Ratings, a credit rating agency known for assessing credit risk and financial strength across markets, upgraded Sava Re Group and its core subsidiary Zavarovalnica Sava from 'A' to 'A+' on both their long-term issuer credit and financial strength ratings. The move follows S&P Global’s earlier decision on June 6, ... Read the full article
European insurers to increase private credit allocations, according to Moody’s
18th June 2025
Moody’s Ratings, a provider of credit ratings, research, and risk analysis, expects European insurers to significantly increase their exposure to private credit investments in the coming years. As of 2024, these assets accounted for approximately 13% of total insurer investment portfolios, based on Moody’s broad definition of private credit, which includes ... Read the full article
LCP reveals 198% own funds ratio amid evolving market risks in insurance sector
1st October 2024
LCP (Lane Clark & Peacock), a consultancy firm specialising in actuarial, investment, and insurance services, has reported another robust financial year for the insurance market, despite the challenges posed by increasing risks. Their eighth annual review of Solvency II, which examines data from 100 of the largest non-life insurers in the ... Read the full article
Solvency II review, a “golden opportunity” to unlock additional capital in the EU, Insurance Europe
26th July 2024
The insurance sector has reportedly called on the EU to use the "golden opportunity" offered by the review of Solvency II to unlock additional capital. Insurance Europe, in a recent statement, said that by increasing insurers’ investment capacity, the industry could further contribute to the political guidelines laid out by the ... Read the full article






