Reinsurance News

As the reinsurance industry has transitioned into a softening market phase, analysts at Berenberg have indicated that a single $100 billion catastrophe event is unlikely to revert the industry back to a hard market cycle.

Despite a surge in third-party capital assets under management within its Mt. Logan Capital Management unit, driven largely by the launch of the Annapurna Re casualty reinsurance sidecar, Jim Williamson, President and CEO of Everest Group has outlined that the company doesn’t change its underwriting logic based on the availability of third-party capital.

Reinsurance firm Munich Re has estimated that global insured losses from natural catastrophe events reached US $44 billion in the first-half of 2026, below long-term averages, and a notable decline from last year’s $80 billion. 

Mt. Logan Capital Management, Ltd. (MLCM), the Everest Group owned third-party capital management platform, has expanded its assets under management meaningfully over recent months, reaching $3.4 billion in AUM, helped by parent Everest’s launch of what was the largest casualty reinsurance sidecar to be launched in the market.

Nephila Capital’s insurance-linked securities (ILS) fund management revenues reported within parent Markel’s results have risen strongly by 23% in the second-quarter of 2026 and now by 30% for the first-half of the year.

Global reinsurer SCOR said this morning it applied underwriting discipline at the “competitive” mid-year reinsurance renewals this year, growing in diversifying areas of the market, most notably in its alternative solutions business, while decreasing premiums written in non-cat US property lines, but remaining flat in US property catastrophe business.

Twelve Securis has reported that it does not expect any significant loss impact to the cat bond market from yesterday’s Kumamoto, Japan earthquake, while an assessment of its private ILS positions also does not suggest any material impact.

In light of HCI Group’s interest in taking risk on-chain and issuing tokenized reinsurance securities through a new partnership with Oxbridge Re, Chairman and CEO Paresh Patel has highlighted how tokenized reinsurance securities have the potential to expand access to the reinsurance market by lowering investment barriers and shortening investment duration.

Verisk, the data analytics and technology provider, has acquired McKenzie Intelligence Services (MIS), a geospatial intelligence and event response company that specialises in global real-time catastrophe and conflict event analysis.

Arch Capital Group, the Bermuda headquartered insurance and reinsurance specialist, has promoted insurance-linked securities and retrocession operations specialist Bryan Lynch to the role of Head of ILS Experience and Operations.