Reinsurance News

Juniper Re, the reinsurance broking arm of Baldwin Group, has entered the London market, appointing Nick Hawke as head of office

Polo Insurance Managers (PIM) is launching Clockwork Re, a Category 4 commercial general reinsurer, in Guernsey

Lloyd’s announced that its London Bridge risk transformation platform reached a capital deployment milestone

Property catastrophe rates dropped globally during the Jan. 1 reinsurance renewals, with the Asia-Pacific region experiencing the largest decline at 7.2%

Swiss Re projects a net income exceeding $4.4 bn for 2025, alongside a goal of growing its annual dividend per share by at least 7% over the next three years

Prudential Financial has finalized an $11 bn reinsurance agreement with Wilton Re, covering a significant portion of its guaranteed universal life

Helios Underwriting forecasts a reduced reinsurance capacity portfolio for 2025, citing strategic shifts after trading in 2024 auctions and acquisitions

ConnectUW Holdings, the parent company of several specialist reinsurance managing agents, will take ownership of a Lloyd’s box

Brit said it Lloyd’s trading platform Ki Financial will operate as a standalone company within the Fairfax Financial Services group beginning Jan. 1, 2025

MetLife and General Atlantic will establish Chariot Reinsurance, a Bermuda-based Class E life and annuity reinsurance firm, set to launch in 2025

TD Cowen analysts predict property catastrophe reinsurance rates at January 1 will be flat or decline by up to 10%. This outlook follows discussions

Facultative reinsurance has become a critical part of insurers’ risk management strategies, though access to capacity remains a challenge due to cyclical market forces

Swiss Re has set its 2025 targets, aiming for a Group net income exceeding $4.4 bn. The Group also plans to raise its ordinary dividend per share by at least 7%

International specialty (re)insurance MGA Rokstone, part of the Aventum Group, has acquired a second box at Lloyd’s, six months after securing its first

Swiss Re reported $2.2 bn in net income and a 13.4% return on equity (ROE) for the first nine months of 2024. Resilient underwriting and investment contributions across

Oak Reinsurance announced that Lloyd’s Syndicate 2843 has received approval to begin writing business, launched in partnership with capital providers Bain Capital

Reinsurance Group of America (RGA) announced it will reinsure about $4 bn of John Hancock’s legacy blocks, a subsidiary of Manulife Financial Corp

Lloyd’s Syndicate Helios Underwriting projects a decline in the capacity value of its fund by year-end 2024, despite an increase in tangible net asset value

Swiss Re has strengthened its Property & Casualty Reinsurance reserves in Q3, following an in-depth review. The company allocated $2.4 bn to prior-year US liability reserves for P&C Re

Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has announced the appointment of Nathan Adams as its Chief People Officer

The reinsurance market is structured to manage significant events, such as hurricanes Helene and Milton, says Eric Andersen, President of Aon, a global insurance and reinsurance brokerage

The Lockton Market report highlights favourable conditions for buyers in the US commercial insurance market across most lines of coverage. However, uncertainty surrounding both the economy

Munich Re North America Life, a subsidiary of Munich Re, has introduced a longevity reinsurance solution for the US and Canada. This product helps clients transfer biometric risk while building assets

Lloyd’s has appointed Charles Roxburgh as its next chair, replacing Bruce Carnegie-Brown, pending regulatory approval from the Prudential Regulation Authority

Fitch Ratings has released the results of reinsurance market survey, which saw 81 re/insurance market participants provide their expectations for the January 2025 reinsurance renewals

Lloyd’s of London has partnered with the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) to increase annual guarantee issuance to $20 bn by 2030

Lloyd’s plans to update its framework for for dealing with poor conduct & behaviors, addressing both financial and nonfinancial issues in the market

Data from the International Underwriting Association (IUA) shows a 25% rise in London company reinsurance treaty premiums over the past year, reaching £11 bn

Connect Underwriting Limited, a specialist reinsurance MGA, has launched BRICS UW, a reinsurance MGA focused on emerging markets, pending regulatory approval

Aon launched its Ultimate Guide to the Reinsurance Renewal – September 2024 report, which contrasts the robust financial results of the reinsurance industry against a backdrop