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Global life reinsurer Pacific Life Re has successfully executed its first asset-intensive reinsurance transaction in Hong Kong, marking its entry into a new market for its Savings & Retirement business in Asia. The transaction involved the reinsurance of a block of whole life liabilities for a pan-Asian insurance provider. Through the Hong Kong transaction, Pacific…
AXA, the France-headquartered multinational insurance and asset management group, has entered a strategic partnership with Publicis Sapient, a technology firm providing enterprise artificial intelligence (AI) platforms and services, to accelerate the next phase of its AI transformation. The insurer confirmed that the partnership focuses on further developing “Global AI Hub” to scale AI agents safely,…
Reinsurance rates for Protection and Indemnity (P&I) Clubs are expected to rise further heading into the 2027/28 renewals, with more focus on the fully cellular container (FCC) segment, according to Gallagher Specialty’s P&I Market – Midyear Review. At the last renewal, the International Group (IG) increased the programme limits by USD250 million, meaning that, inclusive…
Speaking to Reinsurance News during the Monte Carlo Rendez-Vous 2026, Jörg Bruniecki, Group Chief Underwriting Officer at MS Re, set out his view of where the market stands heading into the January 1 renewals, and what he wants to change about the reinsurer’s global underwriting approach. On property pricing, Bruniecki said the softening of the…
Ample capacity and sustained competitive pricing will characterise the cyber reinsurance market, but the core discussion is shifting from sheer volume to strategic deployment, Daniel Carr, Head of Cyber Underwriting at Ariel Re, stated in a recent interview with Reinsurance News. According to Carr, as the reinsurance industry meets at Rendez-Vous de Septembre (RVS) 2026…
Currently, most lines of business are facing an evolving risk landscape, but the abundance of capital is driving Aon’s ability to create real innovation for clients, Aon’s Amanda Lyons highlighted during an Aon briefing for clients and media ahead of the 2026 Monte Carlo Rendez-Vous. The executive, who serves as CEO of Bermuda and Global…
Currently, most lines of business are facing an evolving risk landscape, but the abundance of capital and the market in general is driving Aon’s ability to create real innovation for clients, Aon’s Amanda Lyons highlighted during an Aon briefing for clients and media ahead of the 2026 Monte Carlo Rendez-Vous. The executive, who serves as…
Around the 68th edition of the Monte Carlo Rendez-Vous (RVS), Christopher Gray, Divisional Director, Reinsurance, at Westfield Specialty International, said that to be successful at the January 1 renewals, reinsurers must offer value beyond just more capacity or lower pricing. He said that his call is driven by current reinsurance market conditions that are characterised…
Credit rating agency AM Best has maintained its stable outlook for the global life reinsurance segment, driven by the expected moderate growth in global life channels and a concentrated traditional reinsurance market, which is dominated by several highly rated, diversified, and well-capitalised global companies with favourable underwriting results. The report noted, “Life reinsurance accounts for…
Speaking during the firm’s briefing at the 2026 Rendez-Vous de Septembre (RVS) in Monte Carlo, Stefan Golling, a Member of the Board of Management of Munich Re, suggested that the industry has not done enough to close the significant cyber protection gap, while also flagging the major business opportunity in doing so as Munich Re…