Best Read Reinsurance Headlines
Headlines from our Reinsurance Topic Page with the most time spent reading.
#1 Liability Reinsurance Crisis Could Be Looming, TransRe CEO Says
Jun 7 2024 // “There could be a liability crisis in reinsurance in a couple of years,” a reinsurance executive predicted this week. Ken Brandt, chair, president and chief executive officer of TransRe, offered the assessment...
#2 US Property/Catastrophe Reinsurance Rates Likely to Stabilize During Midyear Renewals
Apr 7 2025 // Reinsurance renewal rates continued dropping during January renewals, but U.S. property/catastrophe reinsurance pricing is likely to stabilize during the coming midyear renewals, according to a report from Moody’s...
#3 Experts Predict Impacts of $25B+ Milton Hit to Insurers, Reinsurers
Oct 9 2024 // A wide cone of uncertainty surrounds insurance experts’ pre-landfall predictions about the state of the industry that will prevail in the aftermath of Hurricane Milton, with most viewing it as a $20 billion-plus loss...
#4 Property-Catastrophe Reinsurance Rates Will Stop Dropping Post Wildfires: Execs
Feb 3 2025 // RenaissanceRe expects to incur about $750 million in losses from the January 2025 California wildfires—and anticipates that industrywide impacts should halt the drop in property-catastrophe reinsurance prices observed at...
#5 Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims?
Jan 16 2025 // There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash on hand to pay for its share of wildfire claims. As surplus is inadequate and reinsurance has a...
#6 What Happened to Reinsurance ‘Class of 2023’? Hard Market Defies Age-Old Patterns.
Jul 12 2024 // Catastrophic events, such as major hurricanes and the Sept. 11 terrorist attacks, traditionally have led to hard markets that in turn drove the formation of startup reinsurers to fill capacity needs. Reinsurers launched in...
#7 Update: Re/Insurer Losses From LA Wildfires Expected to Be Significant but Manageable
Jan 10 2025 // Insurers are facing significant losses from the catastrophic Los Angeles wildfires — given the high value of homes and businesses in the affected communities. However, those losses are likely to be manageable for...
#8 A Los Angeles Actuary on Lessons From the Palisades Fire
Jan 16 2025 // I watched as the skies over my home in Los Angeles turned an apocalyptic orange on January 7, 2025, as wildfires raged across the state. Among the most devastating, the Palisades Fire consumed thousands of acres, leaving a...
#9 Predictive Model Delivers Insights as Insurers, Reinsurers Brace for More Civil Unrest
Oct 9 2024 // Executive Summary: Insurers and reinsurers are responding to heightened risks of civil unrest with better calculations of their probable maximum losses, careful risk pricing, clear contractual wordings, and by using new...
#10 Casualty Reinsurance Still Attractive: Arch Capital CEO
Feb 19 2025 // While writing primary casualty insurance is more appealing than writing casualty reinsurance, the chief executive of Arch Capital said casualty reinsurance business remains attractive for his company. Speaking during an...
#11 ‘Cautiously Optimistic’ on Florida: Defense Costs Down, but Reinsurance Still a Drag
May 31 2024 // Analysts with the AM Best financial rating firm and other stakeholders are cautiously optimistic about the resurrection of the Florida property insurance market, 18 months after state lawmakers approved monumental...
#12 AIG’s Zaffino Talks More on Insurer-Reinsurer Balance as $200B Cat Year May Loom
Feb 13 2025 // American International Group CEO Peter Zaffino used the insurer’s fourth quarter earnings call to again talk about reinsurance attachments points, throwing in the possibility 2025 could be the year for $200 billion...
#13 Update: Milton’s 152,000 Claims So Far Mean New Pressure on Reinsurance, Rate Hikes
Oct 15 2024 // Property Insurance claims from Hurricane Milton had topped more than 152,180 by Tuesday, with some $1.9 billion in estimated insured losses. That’s already more than the claims and losses reported for Helene, which...
#14 Reinsurance Buyers With Good Portfolio Stories See Better Renewal Outcomes: Brokers
Jan 7 2025 // Reinsurance buyers generally found ample capacity during the January renewals as well as increased reinsurer appetite, which led to risk-adjusted rate reductions and improved terms and conditions for clients that could...
#15 Hard Reinsurance Prices Likely to Last Longer Than in Previous Market Cycles: Report
Aug 15 2024 // Hard reinsurance pricing conditions are likely to last longer than in previous market cycles mainly due to persistently high claims activity from the accumulation of medium-sized disaster losses and secondary perils,...
#16 Reinsurers’ Appetite for Natural Catastrophe Risks Grows – But Discipline Remains
Sep 4 2024 // Top reinsurers are showing increasing – but disciplined – appetite for natural catastrophe risks as a result of rising demand, better pricing, more favorable terms and conditions, and sound investment income, according...
#17 TWIA Anticipates Higher Reinsurance Spending in 2025
Dec 17 2024 // The Texas Windstorm Insurance Association expects to spend more on reinsurance in 2025 to account for projected policy count and exposure growth and losses to the association’s catastrophe reserve trust fund (CRTF)...
#18 AIG CEO Zaffino on Approach to Catastrophe Losses in Today’s Reinsurance Market
Nov 6 2024 // American International Group CEO Peter Zaffino said he expects the reinsurance market’s attachment points to remain on top of losses generated by the frequency and severity of natural catastrophes. Losses will...
#19 California Wildfires Had Little Impact on Reinsurers’ Risk Appetite During April Renewals
Apr 9 2025 // Property-catastrophe capacity remained adequate to meet demand during the April 1 renewals for US reinsurance buyers, despite the record losses from California’s January wildfires, according to Aon and Gallagher Re...
#20 Buyer-Friendly April Reinsurance Renewal Bodes Well for Mid-Year Renewals: Brokers
Apr 4 2025 // The April reinsurance renewals saw a competitive, buyer-friendly market with plentiful capacity and price reductions for loss-free accounts – in a continuation of the favorable market conditions seen in January,...
