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Speaking at their firm’s briefing in Monte Carlo today, Brandan Holmes, SVP at Moody’s Ratings, and Joe Melly, Head of Casualty and Financial Lines at Moody’s Insurance Solutions, warned that insurers are navigating an increasingly interconnected and uncertain emerging-risk landscape. They said risks are crossing traditional lines of business and becoming more difficult to model,…
According to the International Underwriting Association’s (IUA) latest report, just over 26% of premiums written in London in 2025 were treaty reinsurance, with direct and facultative contracts making up the remaining 74%. These proportions are almost unchanged from the previous year and consolidate a steady increase in the relative importance of treaty business over recent…
Critical infrastructure clauses in cyber insurance are inconsistent across the market, creating uncertainty for insurers, reinsurers, brokers and policyholders, according to a report by Lockton Re, the reinsurance business of Lockton. Critical infrastructure presents systemic exposures for the cyber market. Those exposures span utilities, telecommunications and financial infrastructure, and sit beyond the scope of the…
AM Best, a global credit rating agency specialising in the insurance sector, says the Latin American reinsurance market has remained resilient despite weaker economic growth, significant catastrophe exposures and a prolonged soft market. Its September 2026 Market Segment Report highlights continued premium growth, abundant reinsurance capacity and opportunities created by the region’s substantial insurance protection…
S&P Global Ratings, a global provider of credit ratings, research and financial analysis, expects the international reinsurance sector to remain strongly capitalised and profitable through 2026 and 2027. The company said reinsurers should have sufficient financial strength to absorb significant losses, although the market continues to face challenges from rising claims costs, climate-related uncertainty and…
Following Marco Capital’s agreement to acquire Pro Global, we spoke with Marco Capital Group CEO Simon Minshall and PoloWorks CEO Paul Andrews about the combination of Pro Global and PoloWorks. The executives highlighted the strong complementarities between the two businesses, with the combination also bringing greater geographic reach and creating a more scalable insurance services…
HDI Global UK & Ireland (HDI) has announced that it has received approval in principle from Lloyd’s to establish a new Lloyd’s syndicate, marking a key milestone in its wider Xcelerate29 growth strategy. The approval in principle enables HDI to continue progressing through the remaining regulatory and operational stages required before it can obtain permission…
Speaking in an interview during the 68th edition of the Rendez-Vous de Septembre (RVS) in Monte Carlo, David Govrin, SiriusPoint’s Group President and CEO of Global Reinsurance & London Market Specialty, discussed the outlook for the January 1 reinsurance renewals, including rate movements, terms and conditions, and underwriting discipline. The executive also shared his views…
Combined gross liabilities of the non-life insurance run-off market reached an estimated $2.57 billion in 2026 year to date, driven by 18 publicly announced deals across eight acquirers, according to data from PwC. The YTD figures demonstrate a robust recovery following a slow start to the year. Only two run-off transactions were made public during…
Anthony Cordonnier, Global Co-Head of Cyber, Managing Director at reinsurance broker Marsh Re, said a meaningful shift that is beginning to appear is a willingness among some buyers to explore higher cessions at the 1 January 2027 cyber renewals. In an interview with Reinsurance News around the annual meeting of the reinsurance industry in Monte…