Reinsurance News

HCI Group, Inc., the insurance holding company, has confirmed that only one of its three reinsurance towers has been impacted after receiving claims from Hurricane Isaias, while the company also expects one of its tokenized reinsurance securities to be affected by losses from the storm too.

Competitive insurance and reinsurance market conditions are spreading beyond just property risks, as there is “a lot of hungry and extremely naive capacity available,” Chubb CEO Evan Greenberg said today.

Broker Marsh Risk has reported that property rates declined 10% on a global basis in the third quarter of 2026, compared with a 12% decrease in the second quarter, led by double-digit decreases seen in India, Middle East and Asia (IMEA), Pacific, Latin America and Caribbean (LAC), the UK and the United States.

Insured losses from natural catastrophe events across the globe during the first nine months of 2026 are estimated to have reached US $92 billion, representing the lowest total for the first nine months of a year since 2019, and 29% below the 10-year average of $128 billion, according to reinsurance broker Gallagher Re’s Q3 2026 […]

Catastrophe data aggregator PERILS AG has updated its estimate of insurance industry losses for the severe convective storms (SCS) that swept across Germany, France, Switzerland, and Italy in Europe between July 13th and 19th, 2026, lifting the total to EUR 2.806 billion.

Arbol, the technology-led underwriter of parametric risk transfer, climate, and weather re/insurance business, has designed a parametric product that aims to transfer the risk of government-imposed moratoriums on data center construction projects.

As casualty sidecars continue to gain traction, rating agency AM Best has highlighted that clear exit mechanics, high-quality collateral, and transparent risk transfer are critical to lowering tail risk capital charges for sponsors, warning that uncertain exit terms or weak collateral can leave cedents holding unexpected residual risk.

The severe convective storm and hail outbreak across parts of western Europe between August 26th and 28th 2026 is initially estimated to have caused nearly EUR 3.3 billion of insurance industry losses, according to catastrophe data aggregator PERILS AG.

Hannover Re’s property and casualty reinsurance subsidiary in Germany anticipates continued strong reinsurance demand at the next rounds of renewals, but notes that rising capacity levels are driving more competition on pricing and terms, while also highlighting insurance-linked securities (ILS) as a complementary offering for clients.

Global re/insurer Generali is the latest to enter the Lloyd’s market with what seems a sidecar-like syndicate as a way to enhance and make its reinsurance arrangements more efficient, while the announcements points to the potential for alternative and capital markets to be involved.