aggregate

Secondary market prices of some catastrophe bonds that provide their sponsors aggregate reinsurance or retrocessional coverage have been increasing at what is viewed as being a faster pace, than is typically anticipated, in recent months, with some sources suggesting a contributor is the fact hurricane season has so far run loss-free in 2025.

Over the next year, a vast majority of reinsurance buyers expect attachment points for their excess of loss programs to remain stable. Many also indicated interest in purchasing more aggregate reinsurance in 2026 and additional tail-risk coverage during the year, the latest survey by Moody’s Ratings shows.

If the Atlantic wind season continues to be relatively benign for the global reinsurance market there is a chance property catastrophe rate declines at 1/1 2026 may reach into the 15% to 20% range, analysts at Citizens JMP Securities have said. But even then, given the high-level that rates are softening from, the situation is […]

As per reinsurance broker Gallagher Re, aggregate property reinsurance protection is making a return to the market, following a period of limited availability.

At the Monte Carlo Rendez-vous event there was little talk among reinsurance companies about pulling back on property catastrophe underwriting but there was an expectation of some more flexibility being given to cedents, equity analysts at Peel Hunt have reported.

During the Aon Reinsurance Solutions pre-Monte Carlo Rendez-vous briefing, senior executive Tracy Hatlestad said that the firm believes reinsurers can still achieve their ROE targets even with a further 10% or greater softening of property catastrophe rates-on-line at January 1 2026.

The new aggregate reinsurance arrangement purchased for 2025 by European headquartered re/insurer Zurich has been disclosed as a $400 million layer of protection, although with only $350 million placed. In addition, it is now clear the company has extended its top-layer North America earthquake swap protection.

During its reinsurance renewals for 2025, US insurer Progressive added a novel parametric severe convective storm aggregate reinsurance arrangement, to provide it with responsive aggregate protection for qualifying thunderstorm, hail and tornado loss events.

Having purchased aggregate retrocessional reinsurance and secondary peril protection earlier this year after the California wildfires, reinsurer Conduit Re intends to continue evolving its retrocession strategy in 2026, to better protect against these types of events, its CEO Neil Eckert explained this week.

US primary insurer Allstate has purchased a new aggregate reinsurance cover for its US homeowners business at the mid-year renewals, adding what is a new protection feature for the company that covers events greater than $1 million and will provide $325 million of placed aggregate limit, across a $500 million layer excess of a $3.5 […]