Reinsurance News

Stone Ridge, the New York based alternative risk premia focused investment management group, has executed on a $1.2 billion adverse development reinsurance cover for global re/insurer Everest Group.

In a recent report released by Goldman Sachs, analysts convey a distinct skepticism regarding the rational behaviour of the property catastrophe reinsurance market, emphasising that the structural conditions have not altered and that signs of undisciplined competition continue to exist, even in the absence of more favourable market dynamics.

In the third-quarter of 2025, global property insurance rates accelerated their decline, with broker Marsh again highlighting increasingly favourable conditions for buyers, as the insurance market is increasingly influence by the softening of reinsurance pricing.

The Texas Windstorm Insurance Association (TWIA) has made some progress in determining how much in reinsurance and catastrophe bonds it will buy in 2026, as its Actuarial & Underwriting Committee met yesterday in a lengthy meeting to select a weighting methodology for a blending of risk models to derive the 1-in-50 year PML.

The government of Jamaica has raised a hurricane watch for what is currently tropical storm Melissa and with the National Hurricane Center warning that “significant strengthening is expected” and some forecast models showing a particularly intense storm nearing the island, it brings the country’s World Bank catastrophe bond and parametric insurance into focus.

Fundamental Global Inc. (FG Nexus) has entered an agreement to sell a majority stake of its FG Reinsurance Division (FGRe) to Devondale Holdings LLC, led by renowned industry veteran Tom Heise.

Speaking at the 2025 Convergence event in Bermuda last week, Tom Johansmeyer, Global Head of Index Classes, at broker Price Forbes Re, made a notable claim, suggesting that the industry’s perception of cyber war is keeping capital away and hindering market growth.

The increasing diversity of risk transfer instruments and reinsurance capital sources, including insurance-linked securities (ILS), is a credit positive for the U.S. property and casualty (P&C) insurance sector that faces an evolving risk landscape and rising secondary peril losses, according to rating agency KBRA.

Artex Capital Solutions, the insurance-linked securities (ILS) market service provider arm of Artex Risk Solutions, has hired Paul Sikuku from Aon to lead its UK Insurance Management Client Service team and work with a range of insurance-linked securities (ILS) clients on risk transformation.

The Australian Prudential Regulation Authority is moving forward with its process to ease access to alternative reinsurance solutions in the country, including insurance-linked securities (ILS), with one updated proposal now being to remove the requirement for a reinstatement completely for instruments like catastrophe bonds.