Reinsurance News

Global non-life run-off reserves exceed $1.1tn: PwC

PwC’s sixteenth September 2025 Global Insurance Run-Off Survey pegs non-life run-off reserves at $1.129 trillion, reflecting growth of 11% since the previous survey, as 25 publicly announced deals from January to August 2025 involved the tra...

Posted: Sep 08, 2025

Howden Re expands French, Belgium & Luxembourg team

Howden Re, the global reinsurance broking arm of Howden Group, has announced the addition of five new members within its French, Belgium, and Luxembourg teams. The hires bring a combined expertise across broking, reinsurance, and cedant markets, a...

Posted: Sep 08, 2025

SCOR sees more opportunities than risks from AI: CEO Thierry Léger

During the 2025 Rendez-Vous de Septembre (RVS) in Monte Carlo, Thierry Léger, Group CEO of SCOR, stated that the company clearly sees more opportunities than risks from artificial intelligence (AI), noting that it provides a real opportunity to su...

Posted: Sep 07, 2025

The value of underwriting will increase, says Swiss Re’s Haegeli & Lot

During the launch of Swiss Re’s latest sigma report on the first day of RVS 2025 Monte Carlo, Jérôme Haegeli, Group Chief Economist & Head Swiss Re Institute, emphasised that the value of underwriting is increasing, with the role of an underwr...

Posted: Sep 07, 2025

Munich Re continues to expect attractive business opportunities at January renewals

Munich Re, one of Europe’s big four reinsurance companies, is still expecting attractive opportunities at the key January 1st, 2026, reinsurance renewals, emphasising that traditional capital remains the backbone for risk transfer in a world...

Posted: Sep 07, 2025

Deutsche Rück maintains cautious strategy, does not see general market softening: CEO

In an interview with Reinsurance News around RVS 2025 in Monte Carlo, Achim Bosch, CEO of Deutsche Rück, said the company is maintaining its selective and disciplined approach ahead of the January 2026 renewals, while noting that he does not expec...

Posted: Sep 07, 2025

If now is not a positive reinsurance market, when is? AM Best’s Carter

AM Best is the only rating agency that has maintained its positive outlook on the global reinsurance sector, and Greg Carter, Managing Director, Analytics, at the company’s briefing at RVS 2025 today, stressed that if now is not a positive m...

Posted: Sep 07, 2025

Surprise if there’s no ‘lowering of attachment points on property cat,’ says Fitch’s Arrivé

Property catastrophe rates are expected to decline at year-end, but a number of factors will keep underwriting discipline, Brian Schneider, Senior Director at Fitch Ratings noted at RVS 2025 in Monaco, with Manuel Arrivé, CFA, Director, suggesting...

Posted: Sep 07, 2025

RenRe expands Adria Richards’ role to manage Property Cat Assumed Retro portfolio

Bermuda-based reinsurer RenaissanceRe (RenRe) has announced the expansion of Adria Da Breo Richards’ role to include management of Property Cat Assumed Retro portfolio, alongside her current role overseeing Property Cat portfolios for RenRe’s Glob...

Posted: Sep 07, 2025

Reinsurance has never been more relevant: AXA XL Re’s Renaud Guidée

Amid a spike in uncertainty globally, Renaud Guidée, Chief Executive Officer of AXA XL Re, believes that reinsurance has never been more relevant as a means to “bridge the gap between uncertainty and certainty.” Reinsurance News spoke with Guidée...

Posted: Sep 07, 2025

Aon tops reinsurance broker ranking on 2024 revenues, but Guy Carpenter ahead in 2025

Our ranking of the world’s largest reinsurance brokers reveals that, based on revenues, Aon Reinsurance Solutions led the way in 2024, however, Guy Carpenter, the reinsurance broking arm of Marsh McLennan, is ahead in 2025. With revenues of...

Posted: Sep 07, 2025

Robust reinsurance & alternative solutions key as global P&C growth persists: Swiss Re

As the global property and casualty (P&C) insurance market continues to expand, industry giant Swiss Re has highlighted that robust reinsurance and alternative risk solutions are further broadening capacity and helping to keep coverage both af...

Posted: Sep 06, 2025

Insurance Europe warns Solvency II reform falls short of EU competitiveness goals

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 law...

Posted: Sep 05, 2025

Optalitix expands quote platform to power reinsurance pricing

Insurtech company Optalitix has introduced an expansion of its pricing platform, Optalitix Quote, aimed at the reinsurance market. The system, which has been used by insurers and MGAs, now includes tools for reinsurers to model treaty and facultat...

Posted: Sep 05, 2025

IQUW Re Bermuda enhances product suite with Mortgage, Credit, and Cyber Risk

IQUW Re Bermuda has expanded its predominantly Property Cat Reinsurance product suite with the additions of Mortgage, Credit, and Cyber Reinsurance to its portfolio. IQUW Re Bermuda stated that, supported by its strong balance sheet and capital fo...

Posted: Sep 05, 2025

Aon appoints Andrew Minnitt as Head of Southeast Asia

Aon, a global insurance and reinsurance broking group, has announced the appointment of Andrew Minnitt as Head of Southeast Asia. The newly created role brings together Singapore, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam as a un...

Posted: Sep 05, 2025

AM Best highlights importance of underwriting cycle management for Lloyd’s amid softening market con...

AM Best, the credit rating agency, reports that Lloyd’s reinsurance business has seen substantial growth in recent years, with a five-year compound average growth rate of 9 percent. Specialty reinsurance has been the fastest-growing segment, recor...

Posted: Sep 05, 2025

MultiStrat appoints new execs, launches casualty reinsurance partnership

MultiStrat has named Nadia Chychrun as Chief of Staff and Group Senior Director of Program Change, and Paul McCabe as Executive Director – Operations (COO), while also entering a definitive agreement to provide underwriting and liability managemen...

Posted: Sep 05, 2025

Secondary perils a “big opportunity for the reinsurance market,” says Karen Clark

Advancements in risk modelling offer a big opportunity for the reinsurance market to better understand and price secondary perils, the co-founder and CEO of Karen Clark & Company (KCC), Karen Clark, shared in a recent interview with Reinsuranc...

Posted: Sep 05, 2025

Flood Re adds Murphy as Independent Non-Exec. Director and Mulry-Lawson as Interim CRO

Flood Re, the UK government-backed scheme funded by the insurance industry to improve access to affordable flood insurance, has appointed Michael Murphy as Independent Non-Executive Director and Sue Mulry-Lawson as Interim Chief Risk Officer (CRO)...

Posted: Sep 05, 2025

Those who innovate & adapt will thrive in evolved reinsurance market: Howden Re

Howden Re, the global reinsurance, capital markets and strategic advisory arm of Howden, has suggested that those who combine market insight with technical execution, portfolio diversification and innovative structures will be best placed to succe...

Posted: Sep 05, 2025

BHSI adds Anna Spink as Head of Marine, Australasia

Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance solutions, has appointed Anna Spink as Head of Marine, Australasia. In her new role, Spink will be based in Sydney and lead the mar...

Posted: Sep 05, 2025

Lloyd’s CEO outlines strategy to boost market relevance and cut costs

Lloyd’s Chief Executive Officer Patrick Tiernan has set out his vision for the future of the market, stressing both the need to strengthen Lloyd’s relevance to stakeholders and to reduce the cost of doing business. “We will strive to increase the...

Posted: Sep 05, 2025

BluePond.AI launches Reinsurance CoPilot to automate complex document processing

BluePond.AI, a GenAI-native insurtech, has introduced its latest solution, P&C Reinsurance CoPilot, a tool designed to automate the ingestion of complex reinsurance documents and optimise workflow efficiency. Reinsurance contracts are often le...

Posted: Sep 05, 2025

Lockton Re names James Stephens as Head of Crisis Management in London office

Lockton Re, the reinsurance arm of the privately owned independent insurance broker, has announced the appointment of James Stephens as Head of Crisis Management in its London office. Tom Meyer, Head of Specialty, Lockton Re, added: “We are...

Posted: Sep 05, 2025