Reinsurance News
specialty reinsurance
Macro trends drive market softening in Asia & India at April 1 renewals: Guy Carpenter
2nd April 2026
Guy Carpenter, the reinsurance broking arm of Marsh, reports that both Asia and India witnessed continued softening at the April 1, 2026, reinsurance renewals, as the ongoing conflict in the Middle East threatens to drive significant losses for various specialty lines of business. The reinsurance broker highlights significant price reductions in ... Read the full article
Middle East war exposure likely in specialty lines, but nothing major in actual losses yet, says Hannover Re
12th March 2026
Sven Althoff, Member of the Executive Board for Property & Casualty at Hannover Re, said this morning that the reinsurer is expecting losses from the ongoing conflict in the Middle East in its specialty reinsurance book, although so far there's a lack of any noticeable reported losses. Given the live and ... Read the full article
Capital management, portfolio quality prioritised over growth, says Conduit Re CEO
18th February 2026
Conduit Re, a Bermuda-based global reinsurance company, has grown its top-line from nought to more than $1.2 billion in the five years since its inception, and while very robust, Chief Executive Officer (CEO) Neil Eckert told Reinsurance News that the emphasis is on capital management and portfolio quality rather than ... Read the full article
Knowing where you are in the cycle is key to long-term success: Conduit Re CEO
30th May 2024
After a positive outcome at the January 1 reinsurance renewals and a very solid performance in the first quarter of 2024, we spoke with Conduit Re CEO, Trevor Carvey, about the evolution of the Bermuda-based reinsurer, market dynamics, and the importance of managing the cycle. Conduit Re took advantage of ... Read the full article
Returns above cost of capital post hurricane season could lead to further re-rating of re/insurance sector: Peel Hunt
5th June 2023
With hurricane season now underway, the specialty re/insurance sector will see if an improved underlying (attritional) underwriting margin, together with higher investment returns, will be able to absorb the volatility of natural catastrophe exposures, Peel Hunt has stated. Noting that if returns are above the cost of capital by the end ... Read the full article
Specialty reinsurers’ combined ratios may be ‘too conservative’: RBC Capital Markets
18th April 2023
RBC Capital Markets said specialty reinsurers' combined ratios may be "too conservative" due to factors such as conservative reserving, rebuilding reserve buffers, and higher investment returns which could offset weaker underwriting returns. Insurers are expected to report strong solvency positions and detail any relevant asset exposures, with a focus on the ... Read the full article
Further momentum ahead as outlook for reinsurance sector improves: Peel Hunt
25th November 2022
In a recent report, Peel Hunt has suggested there is further momentum ahead as the outlook for the reinsurance sector improves, complementing the already attractive returns being generated in the specialty insurance market. The firm proposes that rising interest rates will likely improve investment income in 2023 and that reinsurers will ... Read the full article
Specialty opportunities in uncertain times: Vantage Risk’s McKeown
14th September 2022
While the world faces a growing array of macro and geopolitical challenges, the pressures these create can also provide opportunities, while some other chances for growth are being left on the table by incumbents, Chris McKeown of Vantage Risk believes. Chris McKeown, the Chief Executive, Reinsurance, ILS, and Innovation at still ... Read the full article
Ukraine conflict industry loss could exceed $20bn: PCS
18th April 2022
The insurance and reinsurance industry loss from the conflict in Ukraine could exceed US $20 billion, according to Verisk-owned specialist claims and loss data unit PCS. Property Claim Services (PCS) has analysed data from its three most relevant product offerings, the PCS Global Aviation, PCS Global Marine and Energy, and PCS ... Read the full article
S&P sees worst-case Russia insured loss of $35bn+ across aviation, specialty
31st March 2022
Analysts at S&P Global Ratings have looked at a range of potential loss scenarios for re/insurers arising from the conflict between Russia and Ukraine, with its worst case scenario carrying a potential loss of more than $35 billion across aviation, specialty and cyber business. There has been much speculation about how ... Read the full article
Aviation reinsurance market unaffected by COVID at renewals: GC
10th January 2022
Analysts at Guy Carpenter have reported that the general aviation and aerospace markets remained “relatively unaffected” by COVID-19 at the January 1, 2022 renewal period. After two years of increases in these markets, the broker reported that reinsurers priced as before or slightly higher (up 2.5%) as an average across programs ... Read the full article
Tokio Marine Highland adds fine art to specialty offering
14th October 2021
Property and casualty underwriting agency Tokio Marine Highland has enhanced its suite of specialty risk management solutions with the launch fine art insurance for personal and commercial risks. Christiane Fischer has been appointed as President of the Fine Art Division, and will be responsible for delivering the company's custom insurance solutions ... Read the full article
Former AXA XL duo gain approval to launch ANT Exceptional Risks
1st October 2021
Former AXA XL executive Jonathan Beck and underwriter Richard Spurrier have received regulatory consent to launch a new Specialty Insurance Cell - ANT Exceptional Risks. Domiciled in Guernsey, the cell will initially focus on Fine Art, Jewellery and Classic Car exposures. “We’ve worked closely with our reinsurance partners over the last few ... Read the full article
Skyward Specialty appoints John Burkhart to President role
28th January 2021
Specialty property and casualty insurer Skyward Specialty Insurance Group has announced the appointment of John Burkhart as President of its Specialty Lines. In this role, he will have oversight of Executive and Professional Liability, Healthcare Professional Liability, Surety, E&S and the A&H businesses. Burkhart brings 28 years of experience to Skyward Specialty, ... Read the full article
Yacht insurer Safewaters in underwriting agreement with Nationwide
19th December 2019
SafeWaters Underwriting Managers, a specialist in yacht insurance solutions, has announced a new delegated authority underwriting agreement with insurance and financial services firm Nationwide. Safewaters is a subsidiary of RSG Underwriting Managers, which is itself a unit of international specialty insurer Ryan Specialty Group. The company provides physical damage coverage and P&I ... Read the full article
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