Trending Reinsurance Headlines
The most viewed headlines from our Reinsurance Topic Page over the last 30 days.
#1 Climate Losses Batter Insurers While Reinsurers Step Back
Sep 5 2024 // As the planet warms and more natural disasters occur, insurers are facing an increasingly difficult time. In 2023, for the fourth year in a row, global insured catastrophe losses exceeded $100 billion. The trend continues...
#2 Reinsurance Outlook to ‘Neutral’; US to Push for Double-Digit Casualty Increases
Sep 16 2024 // Fitch Ratings said reinsurers are likely to push for double-digit U.S. casualty rate increases during January renewals to keep up with loss trends from social inflation. The rating agency in a new report changed its...
#3 Munich Re and Swiss Re Both Top List of 2023’s Largest Reinsurers
Aug 30 2024 // Munich Re tops the list of the world’s 50 largest reinsurers that use IFRS 17 reporting standards, while Swiss Re is the largest non-IFRS 17 reinsurer, according to AM Best. Among the largest IFRS 17 reporting...
#4 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...
#5 Viewpoint: CrowdStrike Failure Highlights Potential Aggregation Risks for Reinsurers
Sep 10 2024 // The unique, evolving and often volatile nature of cyber risks has always lurked beneath the surface as the cyber insurance premium climbed in recent years. The recent CrowdStrike software failure underscored the dormant...
#6 Global Non-Life Reinsurer’s Profits to Peak in 2024: Fitch Ratings
Sep 3 2024 // Fitch Ratings published midyear underwriting results for 19 non-life reinsurers, finding that the group’s average first-half 2024 combined ratio was 84.2, and forecasting continued profits for the rest of 2024 and...
#7 Tokio Marine Kiln Launches Specialty Reinsurance Division
Sep 13 2024 // Tokio Marine Kiln (TMK), the international specialist insurer, announced the formation of a new Specialty Reinsurance division to support the company’s growth ambitions in the sector. The new division will be led by...
#8 Coalition Starts Reinsurance Intermediary Coalition Re Led by Aspen Capacity
Sep 9 2024 // Coalition today announced the creation of its reinsurance intermediary, Coalition Re, to provide capacity for cyber reinsurance treaties and expand on its mission to protect more unprotected businesses. Coalition Re...
#9 Viewpoint: Reinsurers Reach Peak Performance as Market Stabilizes; M&A on Hold
Sep 9 2024 // The reinsurance market has reached an equilibrium, with increased capital supply from accumulated earnings meeting higher demand for reinsurance protection from cedents. As such, margins will peak in 2024, although...
#10 Treaty Reinsurance Premiums in London Company Market Grew by 32% in 2023: IUA
Sep 11 2024 // Treaty reinsurance written in the London company market grew by almost one-third in 2023, with the sector generating premiums of £10.889 billion (US$14.2 billion), up from £8.248 billion ($10.8 billion) in 2022,...
