Reinsurance News

While rate decreases have persisted within catastrophe exposed property reinsurance, analysts at Amwins believe they are beginning to trend toward moderation, anticipating that any continued downward movement will likely shift to between 10% to 15% as 1/1 approaches, but also noting that underwriting standards have loosened modestly.

Speaking today during Munich Re’s 2025 Investor Day event, Thomas Blunck Member of the Board of Management, explained that he considers the insurance-linked securities (ILS) market and its respective sub-segments are more vulnerable to price reductions compared to insurance and reinsurance.

Homeowners property insurance rates are falling further in catastrophe exposed Florida and Louisiana, with Citizens Property Insurance Corporation’s Board of Governors recommending rate cuts for most policyholders and the Louisiana Department of Insurance announcing insurers rate decreases.

Global reinsurance giant Munich Re has said that it feels well prepared for a more competitive P&C reinsurance market environment, touting the significant diversification within its business and commenting on its ability to manage the cycle this morning.

Moody’s has announced that it has launched its North America Severe Convective Storm HD Models, which according to the firm redefines the standard for assessing tornado, hail and wind risk.

Germany’s insurance industry has introduced a proposed natural catastrophe reinsurance vehicle called Elementar Re, intended to serve as a backdrop for primary insurers facing increasing losses associated with climate risk.

Jireh Risk Advisors Ltd., the insurance-linked securities (ILS) focused solution provider and Strategic Risk Solutions (SRS), an independent insurance manager, have launched OpIngen, which both firms describe as a next-generation operations service tailored for the reinsurance and ILS industry.

Ledger Investing, the insurance technology (insurtech) and casualty ILS specialist, has announced the launch of Korra, a separate SaaS platform that aims to bring efficiency, transparency, and intelligence to the casualty reinsurance and insurance-linked securities market.

Global player Allianz is partnering with investor Oaktree Capital Management to launch a reinsurance syndicate in the Lloyd’s market that will take a share of the re/insurer’s outwards reinsurance program, with funding channelled via the insurance-linked securities structure London Bridge 2 PCC.

Swiss Re is working on “future ideas” within its Alternative Capital Partners (ACP) division that focuses on insurance-linked securities and third-party capital management, the firm’s CEO said today. While its CFO explained more on the fact the company may need less external retrocession in 2026.