VIG Re posts strong 2025 profit and launches VIGRe28 growth strategy
VIG Re reported EUR 49 mn in pre-tax profit for 2025, improved underwriting results, and launched VIGRe28 to drive expansion across Europe and Asia
Reinsurance News
Latest Global Reinsurance news & research of world’s reinsurance industry. Explore latest insights, trends & breaking reinsurance market news from Beinsure.
Reinsurance news covers the latest trends in the reinsurance sector and offers updates on key industry events, regulatory changes, and major transactions, reinsurance market dynamics, emerging risks, and the financial health of leading reinsurance groups.
Atrium rolls out Sofix’s BrokerBrief to automate claim analysis across Lloyd’s business
Atrium deployed Sofix’s BrokerBrief across all classes of business, adding AI-generated claim summaries and document analysis directly into claims handling workflows
ICMR values Lloyd’s above $100 bn in latest syndicate market review
ICMR said Lloyd’s would be worth more than $100 bn if listed, as record profits and stronger returns sharpen focus on capital access and syndicate performance
Life reinsurance capital tops $160 bn as third-party investors expand
Guy Carpenter says global life reinsurance capital is set to rise above $160 bn in 2025, with third-party backing and asset-intensive deals driving faster growth
Cayman Islands gains ground in asset-intensive reinsurance, says PwC
PwC said asset-intensive reinsurance is helping turn the Cayman Islands into a larger hub for capital-efficient reinsurance as sector assets and premiums keep climbing
EIOPA and ESM propose EU catastrophe pool to narrow insurance gap
EIOPA and the ESM proposed an EU-wide catastrophe risk-sharing framework to improve insurance access, support affordability and keep private insurers at the centre
Aon sees Lloyd’s legacy deal activity picking up as capital discipline tightens
Aon expects legacy transactions at Lloyd’s to accelerate as softer reinsurance conditions, M&A activity and focus on historic risk push carriers toward balance sheet action
April reinsurance renewals extend softer pricing despite Middle East tension
Reinsurance rates eased again at April 1 renewals as strong capital, low cat losses, and surplus capacity outweighed geopolitical stress and economic uncertainty
Reinsurance pricing softens as profits stay strong in a capital-rich market
Autonomous said reinsurance renewals stayed soft, rate cuts widened in property and specialty, and profits still support mid-to-high teen returns on equity
Odyssey Group updates brand as Hudson and Newline adopt shared identity
Odyssey Group introduced a new brand identity, bringing Hudson and Newline under a shared visual system as the Fairfax-owned firm marks 30 years
P&C reinsurance margins face pressure as pricing eases in 2026
Moody’s said P&C reinsurance profitability has likely peaked as pricing softens, competition spreads, and European reinsurers adjust risk appetite
Japan April 1 renewals extend softer reinsurance pricing trend
Japan-focused April 1 renewals carried forward January trends, with property cat pricing falling and buyers reshaping programmes in a softer market
Kairos Risk Solutions buys Molto Re to expand in North America
Kairos Risk Solutions acquired Molto Re and named Josh Madson North America managing director as it pushes deeper into reinsurance and risk advisory
Global reinsurance capital hit $785 bn as competition rises in 2026
Aon said global reinsurance capital reached a record $785bn in 2025, with traditional and alternative capital both climbing as renewal competition increased
Howden Re strengthens LatAm & Caribbean capabilities with two senior appointments
Howden Re announces the appointments of Carlos Garcia as Managing Director and Karina Lopez as Director, further strengthening its Latin America and Caribbean offering
J.C. Flowers backs Niyam and Lloyd’s Syndicate 2047 in India
J.C. Flowers will take a controlling stake in Niyam and lead investment in Syndicate 2047, building a reinsurance platform from GIFT City into India
AM Best keeps London Market outlook stable as profits ease into 2026
AM Best said the London Market outlook remains stable, though profitability is expected to soften in 2026 as pricing eases and risk pressures build
Santam Syndicate 1918 hires Nigel Tatlock to lead property buildout
Santam Syndicate 1918 appointed Nigel Tatlock as Head of Property as it expands its Lloyd’s platform and builds out global property underwriting
Reinsurance renewals at 1 April extended the softening seen at 1 January – Howden Re
Howden Re said 1 April renewals extended January’s softening trend, with Japan property-cat rates falling and Hormuz-driven stress staying focused in specialty lines
Starr closes IQUW M&A deal to expand specialty reinsurance platform
Starr completed its acquisition of IQUW Group, expanding its specialty insurance and reinsurance platform across Lloyd’s, Bermuda, and UK motor
Readhunt secures Lloyd’s broker status to expand complex risk access
Readhunt received Lloyd’s broker registration, giving the UK insurance broker direct access to Lloyd’s syndicates for more tailored commercial risk solutions
Niyam wins Lloyd’s approval for Syndicate 2047 launch
Niyam Group received Lloyd’s approval for Syndicate 2047 and named Devesh Srivastava chairman as it builds a reinsurance platform for India
Brit launches BRIDGE cargo consortium with up to $80 mn capacity
Brit launched BRIDGE, a new cargo consortium offering up to $80mn in line capacity as cargo values rise and supply chains grow more complex
Lloyd’s keeps Hormuz insurance cover available as war risk rates jump
Lloyd’s will keep insuring Strait of Hormuz voyages, though shipowners stay away as war risk premiums jump and underwriting shifts to case-by-case review
Brookings proposes US Re to stabilise homeowners insurance market
Hamilton Project outlines US Re federal reinsurer to address climate-driven losses, rising premiums, and volatility in US homeowners insurance
Fitch flags Iran conflict risk for Lloyd’s and specialty insurers
Fitch warns Iran conflict could hit marine, aviation, and energy lines, with indirect risks from inflation, asset declines, and defaults
Lloyd’s posts £10.6 bn profit in 2025, sharpens strategy for returns
Lloyd’s reports £10.6 bn profit, £57.9 bn premiums, and stronger capital in 2025 while launching a five-year strategy to improve returns
Marsh rolls out BX1 Bermuda facility with $50 mn excess casualty capacity
Marsh introduces BX1 in Bermuda, offering $50 mn excess casualty capacity for US clients with streamlined claims and broader punitive damages cover
North American re/insurers post 11% ROE as underwriting and investment income stay strong
North American (re)insurers delivered strong profitability in 2025. According to Fitch Ratings, the sector recorded an operating return on common equity of 11%
Active Re completes global retrocession programme and expands cyber underwriting
Barbados reinsurer Active Re strengthens capital protection and increases AI adoption across underwriting operations
SageSure secures $200 mn reinsurance sidecar as ILS capital expands
SageSure, a MGU specializing in catastrophe-exposed property insurance, closed its second catastrophe reinsurance sidecar transaction, securing $200 mn in capital through Seawall Re II
DFC–Chubb $20 bn reinsurance plan targets Hormuz shipping risk
U.S. DFC and Chubb launch $20 bn maritime reinsurance framework to support oil and LNG shipping through the Strait of Hormuz
Lloyd’s digital platform Ki posts record 2025 profit as GMP tops $1.11 bn
Lloyd’s digital follow platform Ki reports 50% profit growth to $110.4m in 2025, with improved combined ratios and expanded capacity backing
Gulf hull war rates may jump 50% as marine insurance cover pulled
Marsh and Aon warn marine hull war premiums in the Gulf could rise 25–50% as underwriters cancel policies and reprice transits
Morningstar DBRS warns Gulf conflict may tighten reinsurance
Morningstar DBRS says Iran conflict could push reinsurers to raise attachment points, cut capacity and heighten volatility in marine and aviation lines
K2 International launches Lloyd’s-backed PI unit
K2 International forms K2 Professional Indemnity to write non-US liability business via Lloyd’s syndicates, led by market veteran Richard Smart
Lloyd’s Market Association and KPMG warn insurers to reset underwriting for climate shift
LMA and KPMG say rising temperatures and disorderly transition risks force insurers to rethink physical and transition underwriting strategies
S&P sees reinsurance capital steady despite Middle East shock
S&P says reinsurers enter 2026 with strong capital buffers despite expected losses from Middle East conflict across marine, aviation and specialty lines
Lloyd’s List Intelligence to manage Lloyd’s Agency Network
Lloyd’s List Intelligence will assume management of the Lloyd’s Agency Network from April 2026, integrating marine survey expertise with global AIS and analytics capabilities
Fairfax Financial posts $4.8 bn profit as underwriting and investments surge in 2025
Fairfax Financial reports $4.77bn net earnings in 2025, 20.5% book value growth, $3.2bn investment gains and record underwriting profit across P&C units
The Cayman Islands’ reinsurance sector has expanded sharply
The Cayman Islands’ reinsurance sector has expanded sharply, according to 2025 insurance statistics released by the Cayman Islands Monetary Authority and highlighted by Cayman Finance
Global property insurance rates fall 9% in 2025
Global commercial property insurance rates declined 9% in Q4 2025, according to the latest market update from Marsh. The drop marks an acceleration from the 8% decline recorded in Q3
US property re/insurance market softens as capital surges and rates fall
US property re/insurance market has shifted decisively into soft territory over the past year. Pricing pressure reflects capital inflows and the absence of major landfalling hurricanes
Ancient Financial to acquire F&G Life Re, launch as Bermuda reinsurer
Ancient Financial has signed a definitive agreement to acquire F&G Life Re from a subsidiary of F&G Annuities & Life
Hiscox Re & ILS rebrands and launches Hiscox Capital Partners
Hiscox Re & ILS has rebranded as Hiscox Re and introduced Hiscox Capital Partners, a platform consolidating the group’s third-party capital operations
Howden Group secures $703 mn via senior notes add-on to fund growth
Howden Group secures $703 mn in gross proceeds through a $690 mn add-on to its 8.125% senior notes due 2032, strengthening capital for expansion and acquisitions
AIG and Onex close $7 bn Convex deal reshaping ownership
AIG takes 35% stake in Convex and 9.9% in Onex as Onex gains 63% control, forming strategic partnership with $2 bn capital commitment
Facultative reinsurance market enters softer phase – Gallagher Re
Gallagher Re’s Pablo Muñoz reports global facultative reinsurance pricing softening after January 1 renewals, driven by abundant capital and expanding appetite
Caribbean insurers benefit from softer reinsurance – AM Best
AM Best reports easing reinsurance costs and improved profitability for Caribbean insurers, while warning global economic shocks still threaten the region
Lockton Re strengthens Latin America team with senior hires
Lockton Re appoints Dario Luna as Regional Leader of Strategic Risk Solutions and adds Antonio Rodriguez to expand Latin America and Caribbean capabilities
Reinsurers face softer rates yet margins seen strong in 2026
Autonomous expects robust reinsurance profitability in 2026 as structural price adequacy and stable terms offset mid-teen rate declines in property cat.
Kniazha VIG secures $25 mn DFC war risk reinsurance facility
Kniazha VIG signs $25 mn reinsurance facility with US DFC, enabling up to $100 mn in war risk cover for Ukrainian SMEs and private property
MS Amlin partners with MSI on UAE political risk reinsurance
MS Amlin launches a political risk reinsurance partnership with Mitsui Sumitomo Insurance in the UAE, expanding contract frustration cover via Dubai
Cyber reinsurance rates drop 32% at Jan 2026 amid capacity glut
Gallagher Re reports a 32% fall in risk-adjusted cyber aggregate excess of loss rates at 1 Jan 2026 renewals as excess capacity and softer terms reshape the market
Willis adds Dubai and Madrid to global D&F reinsurance placement hub network
Willis expands its direct and facultative placement network with new hubs in Dubai and Madrid, extending global market access through a single coordinated platform
Aviva launches private clients unit via Lloyd’s of London market expansion
Aviva enters a new high-net-worth phase by launching Aviva Private Clients through Lloyd’s, enabling cross-border cover, multi-currency policies, and bespoke underwriting
Radian completes $1.67 bn acquisition of Lloyd’s re/insurer Inigo
Radian closed its $1.67 bn purchase of Inigo, reshaping the group into a global specialty insurer and lifting EPS and ROE expectations for 2026
Massachusetts court backs reinsurer reimbursement after Polaroid collapse
A Massachusetts appeals court ruled a reinsurer can recover COLA payments from the trust fund even after a self-insured employer enters bankruptcy
Reinsurance cycle looks steadier as capacity builds and T&Cs tighten
Autonomous sees a more rational reinsurance cycle, though rising capacity and softer pricing are expected to pressure terms and conditions through 2026
Slide Insurance targets $250 mn Purple Re cat bond with wider storm coverage
Slide Insurance returns to the cat bond market seeking $250 mn via Purple Re 2026-1, expanding named storm coverage beyond prior deals
Discover how a secondary reinsurance market could improve capital efficiency, lower WACC, boost underwriting flexibility and support more efficient pricing
Fitch estimates Winter Storm Fern insured losses at $4-7 bn. Losses hit earnings, not capital, with P&C insurers absorbing most claims and no rating downgrades
The 2025 Atlantic season had no US hurricane landfalls yet delivered Category 5 storms, inland flooding, and losses, highlighting rising intensity and protection gaps
Global reinsurance pricing fell more than expected at Jan. 1, 2026 renewals, with abundant capital, weak catastrophe support, and easing terms