The global reinsurance sector is undergoing significant shifts, with evolving dynamics across property and casualty markets. In our latest research, we examine the underlying forces influencing the sector and offer insights into what lies ahead.
Here’s a quick look at some of the key takeaways:
- Property reinsurance: Declining prices and easing terms as competition intensifies and the supply-demand balance shifts in favor of buyers.
- Casualty reinsurance: Rising prices driven by increasing litigation and loss-related costs.
- Sector resilience: Despite market shifts, the sector is supported by strong capital positions, attractive risk-adjusted returns, and robust investment income.
Dive into the opportunities and challenges shaping the reinsurance landscape and explore how the sector is positioned for continued profitability in the coming year.
Global reinsurers are braced for impact as competition heats up
Property reinsurance pricing is declining as competition rises. However, strong balance sheets and investment income will help reinsurers withstand growing catastrophe losses.
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Buyers predict property reinsurance prices will fall in 2026
About three quarters of the reinsurance buyers we surveyed forecast pricing declines for property coverage, but most expect casualty reinsurance pricing to be flat to higher next year.
Catastrophe bond issuance is on pace to set record in 2025
Demand from sponsors seeking to transfer risk to investors is fueling the growth, along with investors' pursuit of strong returns and opportunities to diversify their portfolios.
Global cyber insurance pricing declines as competition rises, demand eases
Despite lower prices, the sector remains profitable. But demand is stagnant in the US, and systemic risk remains a key concern for cyber underwriters.
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