-
Reinsurers are pushing for cat signings and hoping the new pricing floor will hold.
-
The carrier acquired the motor insurer in September last year.
-
Reinsurers’ average RoE was 16% as of September 2025.
-
Tom Wakefield says there is scope for opportunistic reinsurance purchases in 2026.
-
The renewal was characterised by abundant capacity and strong competition.
-
The market was unphased by January’s record wildfire loss in Los Angeles.
-
Non-loss impacted major property program rates were down by up to 20% at the renewal period.
-
The pricing battle has been played out but the extent of new demand will only show up in 2026.
-
The influx of capital, combined with a quiet wind season, led to favorable conditions for cedants during 1.1 renewals.
-
Price has become a key differentiator in marine and energy.
-
Cedants pursued property renewals “aggressively” amid excess reinsurer capacity.
-
Market participants on programs/MGU business in particular feel there's more capacity than 12 months ago.
