Australian insurer Suncorp has completed its 2026 reinsurance renewal, securing main catastrophe cover for losses between $500 million and $6.3 billion, and has added a structured, multi-year solution that reduces exposure to $350 million for a first and second event, with the cost of the programme expected to come down year-on-year. The insurer has disclosed […]

Analysis by insurance and reinsurance broking group Aon estimates that global reinsurer capital increased by almost 1%, or $5 billion in the first quarter of 2025 to $720 billion, driven by growth in traditional capital as the alternative portion remained at a record high. In 2024, global reinsurer capital grew by nearly 7% year-on-year to […]

Lemonade, the digital insurance company powered by AI and social impact, has renewed its reinsurance program, reducing the ceded proportion of its quota share reinsurance from approximately 55% to approximately 20%, effective July 1. According to the firm, this decision was made given strong progress in its diversification, underwriting prowess and loss ratio trajectory. Meanwhile, […]

Lloyd’s, the specialist insurance and reinsurance marketplace, has approved the novation of Indian reinsurer GIC Re’s syndicate 1947 managing agency agreement to Davies-owned Asta, effective July 1st, 2025. The agreement relates to both the open and prior years of GIC syndicate 1947 and sees Asta provide a full range of oversight and operational support services. […]

Ripe, a UK digital managing general agent (MGA), has achieved 16% year-on-year revenue growth, with turnover increasing to £20.6 million in the 12 months ending 31 December 2024, up from £17.8 million in 2023. This growth marks the company’s 17th consecutive year of double-digit revenue rises. Throughout the year, the MGA expanded its policyholder base, […]

Despite extensive loss activity in Q1, Guy Carpenter anticipates strong reinsurer performance to continue for the rest of 2025, with capital growth of 5% to 7% by year-end. Despite global economic volatility and insured losses nearing $70 billion through H1 of 2025, the reinsurance renewal trends observed at January 1 have continued, according to Marsh […]

Buyers of protection had the opportunity to secure improvements to the structure of their property and specialty reinsurance programmes at the July 1st, 2025, reinsurance renewals, a period in which Gallagher Re notes a shift in the balance of supply and demand back towards reinsurance buyers. The reinsurance broker’s 1st View 2025 renewals report examines […]