Record levels of reinsurance capital are set to give buyers greater room to reshape programmes at the coming 1 January renewals, with Aon expecting further pricing relief alongside increased use of alternative capital and facultative solutions
Record capital and expanding alternative capacity are giving cedants a window to rethink reinsurance structures and improve earnings resilience ahead of the 1 January renewals, the reinsurance broker emphasised in its pre RVS press briefing
Pelagos is using its partnership-led structure to shift capital between underwriting opportunities as market conditions change, group managing director Jonny Strickle said
Reinsurance pricing is set to continue softening without a major shock, but elevated financial and geopolitical risks mean carriers should use current conditions to build resilience, Howden Re has said in a report released by the reinsurance broker ahead of RVS 2026
Market commentators suggest that M&A opportunities encompassing specialty lines, MGAs, insurtechs and firms with a Lloyd’s footprint could be particularly attractive to reinsurers looking to redeploy capital for inorganic growth
John Rice will become chair of the AIG board from 15 September, while Zaffino moves into a senior advisor role
Reinsurance broker warns changing heat, drought and exposure conditions are increasing accumulation risk across multiple lines, despite Europe accounting for just 5% of global wildfire losses over the past decade