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Reinsurance

 

 

Chaucer restructures Singapore leadership

Specialist carrier hires Guy Carpenter senior executive Les Loh to lead Singapore operation 

Asia Pacific Singapore

Fitch forecasts 93% reinsurance combined ratio in 2026

Fitch adopted ‘deteriorating’ outlook on global reinsurance sector last September

North America International

Marine reinsurance supply outstrips demand at 1/1

Brokers highlight broadening of composite coverages and modifications to excess-of-loss structures

International Reinsurance

QBE Re completes first casualty sidecar

George Street Re transaction provides more than $550m in fully collateralised quota-share reinsurance

Bermuda Casualty

Aviation reinsurance prices broadly flat at 1/1

Brokers report significant shift towards non-proportional placements amid profitability concerns

International Reinsurance

Cyber reinsurance pricing softens at 1/1

Abundant capacity and manageable loss environment further tilt supply-demand dynamics in favour of cedants

International Reinsurance

Casualty reinsurance renewals see modest price declines outside US

International casualty pricing down between 5% and 10% at January 1 amid ample capacity, brokers report, with market dynamics stable in US

International United States

Property catastrophe price softening accelerates amid record capacity

Cedants secure double-digit rate reductions at the January 1 reinsurance renewals, as property catastrophe prices return to levels last seen four years ago

North America International

Farmers closes $400m catastrophe bond

Multi-year bond provides collateralised protection against US named storms, earthquakes, severe weather and fire

North America Reinsurance

Gallagher Re launches captives risk-transfer unit

New team will offer facultative and structured reinsurance solutions for captives

International People moves

Howard Hughes to acquire Vantage for $2.1bn

US investment firm strikes deal for Bermuda-based re/insurer

Bermuda Specialty

Vantage appoints Robb as chief financial officer

Former Somerset Re and Axa XL finance chief succeeds Todd Link

Bermuda Specialty
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