Market News

Global reinsurance dedicated capital reached $769 billion in 2024, a 5.4 percent increase from the 2023 level, according to Gallagher Re. Reinsurers' return on equity remained strong in 2024 at 17 percent, according to Gallagher Re, though that was down slightly from 19.5 percent in 2023. Read More

The Federation of European Risk Management Associations (FERMA) has issued a consultation paper as part of the organization's effort to elevate the maturity of the enterprise risk management (ERM) function within organizations. The ERM discipline remains underused and undervalued in some organizations, a FERMA statement said. Read More

Lloyd's has announced the 11 InsurTech firms that will make up the 14th cohort of the market's Lloyd's Lab innovation hub. The 14th cohort will introduce the theme "Shaping the Future of Reinsurance in Bermuda." It was developed in partnership with the Bermuda Monetary Authority. Read More

Gallagher Re's recent report explores how the cyber insurance market can shift from reactive cycles to long-term sustainability. By addressing volatility, improving underwriting, and aligning capital with demand, the report outlines a path toward a more resilient, scalable market that can adapt to evolving threats and maintain stakeholder confidence. Read More

Aon's April 2025 reinsurance report shows continued market strength with record $715B reinsurer capital, double-digit pricing reductions in Asia–Pacific, and expanded facultative capacity. Competitive conditions are expected to persist through midyear renewals, offering insurers opportunities for improved terms and coverage flexibility across property and financial lines. Read More