Reinsurance News

Reinsurance renewals news

Reinsurance renewals are the key points in the year when the majority of reinsurance contract renewal negotiations occur and are completed.

The reinsurance renewal seasons provide insight into reinsurance pricing, contract terms, reinsurance market positioning and the direction of future trends in the market.

Key reinsurance renewals occur at: the 1st of January, which is the biggest renewal of the reinsurance year and has a broader global focus; April 1st when Japanese reinsurance renews; June 1st for Florida reinsurance renewals; and July 1st when more US reinsurance business gets renewed.

Our reinsurance renewals news covers all of these key points in the year and we also provide analysis and insight into what to expect at upcoming renewal seasons as well.

Firms continue to see attractive opportunities in property cat reinsurance: TD Cowen

8th December 2025

Despite ongoing pricing pressures, the management teams TD Cowen spoke with ahead of the January 1, 2026, renewals continue to see attractive opportunities in property catastrophe reinsurance. According to the firm, commentary during its trip on property catastrophe reinsurance pricing for the 1/1/26 renewals was slightly more negative than during the ... Read the full article

Reinsurance rates seen down 10-15% ahead of Jan 1: Florida Chamber panel

5th December 2025

Chris Dittman, Head of Florida Strategy at Aon’s Reinsurance Solutions, said recently that as expected, reinsurance supply continues to outpace demand ahead of the key January 1st, 2026, renewals, with the broker seeing rate decreases of between 10% and 15%. Dittman's comments came from a session on day one of the ... Read the full article

Re authorises $134m in reinsurance for deployment at Jan renewals

27th November 2025

Re, a decentralised reinsurance protocol that connects institutional capital with fully collateralised insurance risk, has authorised $134 million in reinsurance across multiple programs, a major expansion of capital to be deployed across its insurance partners’ programs as the January 1st renewal season unfolds. Blockchain-backed reinsurer Re is built on smart contracts, ... Read the full article

Airline losses reshape the Q4’25 renewal season: WTW

27th November 2025

Adam Hemingway, who leads the Global Aviation & Space division at WTW, an advisory, broking and solutions firm, offers a candid look at how a succession of costly airline incidents has transformed expectations for 2025. What was meant to be a relatively steady renewal year has shifted into a challenging one, ... Read the full article

LatAm reinsurance market faces competitive shift, says SCOR’s Alfredo Lomeli

26th November 2025

In a recent interview with Reinsurance News, Alfredo Lomeli, Chief Underwriting Officer for Latin America and the Caribbean at SCOR, a global reinsurer, highlighted the evolving dynamics of the region’s reinsurance sector as it heads into the 2026 renewals. "The reinsurance market is currently undergoing a discernible transition toward a softer ... Read the full article

Morgan Stanley expects P&C pricing to face continued pressure at Jan renewals

18th November 2025

Morgan Stanley analysts expect property & casualty reinsurance pricing to continue facing pressure heading into January 1, 2026 renewals, following a similar trend to 2025. Reinsurance pricing continued to soften, reflected in weaker top-line growth across most of Morgan Stanley’s coverage. Analysts expect rates at 1.1 to decline roughly 10–15%, driven ... Read the full article

AI is transformative for the reinsurance industry: Swiss Re’s Nikhil da Victoria Lobo

13th November 2025

Around the 25th Baden-Baden Reinsurance Meeting, as the market prepares for the key January 1st renewals, Nikhil da Victoria Lobo, Head of P&C Reinsurance for Western & Southern Europe and Middle East & Africa at reinsurer Swiss Re, highlighted how artificial intelligence (AI) and emerging technologies are reshaping the reinsurance ... Read the full article

We expect strong year for reinsurer profitability in 2025, discipline key at 1.1: AM Best

6th November 2025

AM Best expects another strong year of operating profitability for the reinsurance sector in 2025, supported by a relatively benign third quarter for catastrophe activity, while emphasising that reinsurers must maintain discipline at the upcoming January 1st renewals, where rates are expected to soften. Speaking at AM Best’s Europe Insurance Market ... Read the full article

SCOR sees opportunities to grow in US cat at 1/1: Jean-Paul Conoscente

31st October 2025

Jean-Paul Conoscente, Chief Executive Officer of SCOR P&C, said the French reinsurer views the US catastrophe market as attractive, with opportunities to grow given the current level of price adequacy. During SCOR’s Q3 2025 results call, Conoscente emphasised that the company does not regret its decision to increase its risk appetite ... Read the full article

RenRe CEO optimistic Jan 1 property cat renewal will be a pricing shift rather than T&Cs

29th October 2025

Kevin J. O'Donnell, President and Chief Executive Officer of global property and casualty reinsurer, RenaissanceRe (RenRe), said today that he is optimistic the January 1 renewals will be a pricing shift in the property catastrophe space, with terms and conditions (T&Cs) expected to hold as reinsurer discipline persists. RenRe produced ... Read the full article

We remain bullish on property cat reinsurance ahead of Jan renewals, says Arch CEO

28th October 2025

Nicolas Papadopoulo, Chief Executive Officer (CEO) of Bermuda-based Arch Capital Group, said today that the company remains bullish on the property catastrophe reinsurance business, despite the market being in its second round of rate decreases. As property cat reinsurance rates soften from recent highs, the attractiveness of the business has been ... Read the full article

Everest will look to take risk in still favourable property cat market: CEO Williamson

28th October 2025

Jim Williamson, President and Chief Executive Officer at Bermudian insurer an reinsurer, Everest, characterised the property catastrophe reinsurance market as a “still very favourable environment,” describing it as well-priced and a risk the company is looking to take. During Everest’s third quarter 2025 earnings call, Williamson discussed market pricing, competition, and ... Read the full article

AIG to acquire renewal rights for majority of Everest’s commercial retail businesses

28th October 2025

Bermuda-domiciled insurer and reinsurer Everest Group has entered into definitive agreements to sell the renewal rights for its U.S., U.K., European, and Asia Pacific Commercial Retail businesses to American International Group, Inc. (AIG), subject to regulatory approvals. The renewal rights of these businesses total an estimated $2 billion of aggregate gross ... Read the full article

European reinsurers’ capital surplus could add pressure to 1/1 renewals

24th October 2025

European reinsurers are entering the 1/1 renewal season with capital levels well above their target ranges, a development that could intensify pricing pressure across the market. According to J.P. Morgan’s latest Love Actuary report, the region’s largest reinsurers, which include Munich Re, Swiss Re, and Hannover Re, are materially over-capitalised, with Solvency ... Read the full article

Chubb won’t chase property cat reinsurance: CEO Evan Greenberg

22nd October 2025

As property insurance and reinsurance markets soften, Evan Greenberg, Chairman and Chief Executive Officer (CEO) of global insurer Chubb, emphasised that the firm is not going to chase property catastrophe reinsurance business unless it is priced adequately. Greenberg made these comments on the carrier's recently held earnings call, during which executives ... Read the full article