Reinsurance News

Reinsurance market buttressed by robust capital, but challenges abound: AM Best’s Holzberger

The reinsurance market continues to be buttressed by robust risk-adjusted capitalisation, fuelled by retained earnings and disciplined capital management, however, various headwinds persist, according to Stefan Holzberger, EVP & Chief Operatin...

Posted: Sep 09, 2025

Ariel Re gets ‘in principle’ Lloyd’s approval to establish Syndicate 2006

Global reinsurance business Ariel Re has been given ‘approval in principle’ from Lloyd’s to establish a new Syndicate, 2006. “Ariel Re was formed 20 years ago this year, the new syndicate number is in recognition of the fact that 2006 was th...

Posted: Sep 09, 2025

Cyber insurance market maintains strong growth, says Guy Carpenter

According to Guy Carpenter’s Global Specialties Market Update, the cyber insurance market continues to expand, with both supply and demand showing consistent upward momentum despite short-term market pressures. Guy Carpenter notes that the direct...

Posted: Sep 09, 2025

DUAL Group enhances cyber insurance offering with KYND partnership

DUAL Group, a specialty insurer, has announced the next stage of its cyber insurance programme through a strategic partnership with KYND, a provider of cyber risk management services. The initiative will initially launch in Australia and New Zeala...

Posted: Sep 09, 2025

London company market treaty reinsurance grows 10% in 2024, IUA reports

Treaty reinsurance business in the London company market expanded by more than 10% last year, according to data from the International Underwriting Association (IUA), the trade body representing companies operating in the London insurance market....

Posted: Sep 09, 2025

Property aggregate reinsurance making a resurgence: Gallagher Re’s Knapp

According to Josh Knapp, Executive Vice President of global reinsurance broker Gallagher Re, aggregate protection is making a resurgence, especially for US cedants, when the program is appropriately structured and has a practical attachment point...

Posted: Sep 08, 2025

Price Forbes adds Eric Wang Mingchao as Head of Affinity, Singapore

Specialty insurance broker Price Forbes has appointed Eric Wang Mingchao as the Head of Affinity, Singapore, reporting to Julian Coates, Chief Broking Officer, Price Forbes Singapore. In his new role, Mingchao will lead and grow the broker’s...

Posted: Sep 08, 2025

Reasonable balance in nat cat risk sharing between re/insurers: Swiss Re’s Baertschi

During the 2025 Rendez-Vous de Septembre (RVS) in Monte Carlo, Urs Baertschi, CEO Property & Casualty Reinsurance at Swiss Re, said that there is a reasonable balance between insurance and reinsurance companies around risk sharing for natural...

Posted: Sep 08, 2025

Lockton Re outlines strategies to drive cyber insurance growth through 2030

Lockton Re, the reinsurance arm of the privately held independent insurance broker, has released a major report titled Cyber Insurance 2030: Charting a Course for Growth. The report examines the opportunities and challenges facing the cyber insura...

Posted: Sep 08, 2025

Innovation and technology key to narrowing protection gap: Henchoz at PwC RVS event

Innovation, technology, and a culture of experimentation are essential for the reinsurance industry to close the protection gap, said Jean-Jacques Henchoz, Chairman of the Board at BMS Group and former Hannover Re CEO, speaking at PwC’s annual bre...

Posted: Sep 08, 2025

Kin raises $50m in Series E financing led by QED Investors and Activate Capital

Kin, a direct-to-consumer home insurer, has closed an oversubscribed $50 million Series E round at a $2 billion pre-money valuation, led by QED Investors and Activate Capital with participation from both new and existing backers. Simultaneously, t...

Posted: Sep 08, 2025

Howden Re and Reask partner to address emerging risks in Europe

Howden Re, the global reinsurance broking arm of Howden Group, has partnered with Reask, a provider of climate-driven modelling solutions to enhance insurers’ ability to assess and manage the growing impact of emerging perils in France and the UK....

Posted: Sep 08, 2025

CatX and Cactus to merge, launch AI-driven risk platform in Bermuda

Bermuda-based insurance technology firms CatX and Cactus have announced plans to merge, forming the island’s largest insurance software company. CatX provides AI-based risk intelligence and workflow tools for property, specialty, and catastrophe i...

Posted: Sep 08, 2025

Strong specialty market fundamentals present growth opportunities for reinsurers: GC

Despite navigating an evolving risk landscape, the global specialty insurance and reinsurance market is healthy, supported by strong fundamentals, such as reinsurer consensus on price adequacy, increased retained earnings, growth in dedicated rein...

Posted: Sep 08, 2025

APAC reinsurance market to remain soft: Fitch Ratings

Pricing in the Asia-Pacific (APAC) reinsurance market is expected to remain soft in 2025, which reflects increased capacity and ample retrocession, Fitch Ratings’ Asian Reinsurance Monitor: 2025. The result is increased competition in an environme...

Posted: Sep 08, 2025

We expect continued growth despite more challenging rate environment: Althoff, Hannover Re

Sven Althoff, Member of the Executive Board for Property & Casualty at Hannover Re, said this morning at the reinsurer’s breakfast briefing in Monte Carlo at RVS 2025, that the company will continue to benefit from increased demand as it...

Posted: Sep 08, 2025

Aon launches new analytics solutions to improve catastrophe response

Aon, a global insurance and reinsurance broking group, has launched an enhanced Event Analytics platform with the aim of providing integrated hazard, exposure, and loss data via a single, seamless interface. Aon explained, this solution supports r...

Posted: Sep 08, 2025

Tail property cat evolves — Few new entrants: MS Re’s Charles Goldie

In an interview with Reinsurance News around the annual meeting of the reinsurance industry in Monte Carlo, Charles Goldie, Chief Underwriting Officer at MS Reinsurance, said he expects the January 1st, 2026, renewals to resemble last year’s, whil...

Posted: Sep 08, 2025

Ryan Specialty establishes new collateralised reinsurance vehicle

Ryan Specialty, an international specialty insurance firm, has launched a new collateralised reinsurance vehicle, Ryan Alternative Capital Re, Ltd. (RAC Re), to expand capacity within Ryan Specialty Underwriting Managers’ (RSUM) portfolio of syndi...

Posted: Sep 08, 2025

Reinsurance optimisation key as market faces volatility: Guy Carpenter’s Klisura

Dean Klisura, President and CEO of Guy Carpenter, has urged insurers to begin optimising their reinsurance programmes ahead of the 2026 renewals, focusing on expanded coverage, product innovation, broader peril protection, and earnings stability....

Posted: Sep 08, 2025

Reinsurance market conditions sustainable, it is a good time to deploy capacity: Howden Re’s Flandro

The current reinsurance market is sustainable, and it is a good time for reinsurers to deploy capacity, as cedents are hungry for it, Howden Re’s David Flandro highlighted in an interview with Reinsurance News during RVS 2025 in Monte Carlo. In or...

Posted: Sep 08, 2025

HSB (UK & Ireland) names Andrew Burke as CEO

HSB (UK & Ireland), a provider of engineering insurance and inspection services, has appointed Andrew Burke as Chief Executive Officer, subject to regulatory approval. Burke has more than 30 years of experience in insurance and financial servi...

Posted: Sep 08, 2025

Demand for reliable reinsurance continues to grow ahead of January renewals: Hannover Re

At its Monte Carlo breakfast briefing, Hannover Re reported that the January 1, 2026, property and casualty reinsurance treaty renewals are expected to feature stable to slightly softer pricing, alongside continued favourable terms and conditions...

Posted: Sep 08, 2025

Re/insurance remains a stabilising force amid major global disruption: Swiss Re

Re/insurance remains a stabilising force in the face of major global disruptions, absorbing shocks and supporting economic recovery, according to industry giant Swiss Re. As the global re/insurance industry meets for the 2025 Rendez-Vous de Septem...

Posted: Sep 08, 2025

AM Best reports continued growth and shifts in the global health reinsurance market

According to credit rating agency AM Best, the global health reinsurance market has maintained steady growth, although overall demand and utilisation remain lower than in other insurance sectors. Health insurance claims are generally short-tailed,...

Posted: Sep 08, 2025