Term
Reinsurance
137 stories mention it
Reinsurance is insurance that insurers buy to shift part of the risk they have underwritten onto another carrier, for a share of the premium. It lets the primary insurer write more business than its own capital could otherwise support, while spreading catastrophic losses across the market.
In a reinsurance deal the primary insurer, called the cedent, transfers a defined slice of its policy risk to a reinsurer and pays part of the premium in exchange. The split can be proportional, where the reinsurer takes a fixed share of every policy and its premium, or excess-of-loss, where the reinsurer only pays once losses on a book of business cross an agreed threshold. The original policyholder deals only with the cedent, which keeps handling claims and stays liable to its own customer.
The purpose is to let an insurer write more business, or riskier business, than its own capital alone could safely support, and to smooth out the effect of a single large event or a bad year. Regulators watch this closely, since a policy that is nominally reinsured but structured so the risk never really leaves the cedent's books can flatter a balance sheet without actually reducing exposure. Solvency II and equivalent regimes exist partly to police that boundary.
In insurtech, reinsurance shows up as software and data platforms that price treaties, model catastrophe exposure, and automate the flow of premium and claims data between cedent and reinsurer, plus newer capacity vehicles that let alternative capital, not just traditional reinsurers, sit behind a program.
Written by Insurtech Daily.
For the running coverage rather than the definition, see the Property and catastrophe insurance hub.
Companies in these stories
Reinsurance in the news
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Double-digit price declines in property cat reinsurance likely to persist, says JP Morgan
JP Morgan, the US-based global investment bank and financial services company, expects double-digit price declines in property catastrophe reinsurance to persist into 2027, as strong industry profitability, relatively…
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Aon and Blackstone funds launch Cortina, a new Lloyd’s syndicate offering efficient reinsurance
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Vantage Launches Facultative Reinsurance Business, Names Pickard as President
Vantage Group Holdings Ltd., the Bermuda-based re/insurer, announced the launch of its Facultative Reinsurance line of business, led by industry executive Lisa Pickard, who has joined Vantage as president of Facultative…
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Premia acquires Cowen Reinsurance from TD Bank
Premia Holdings Ltd., the insurance and reinsurance group with operations in Bermuda, the US, the UK and Continental Europe, has completed its acquisition of Ramius Enterprise Luxembourg Holdco S.à r.l. and its…
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Vantage hires Lisa Pickard to lead new Fac reinsurance business
Vantage Group Holdings Ltd., a specialty insurance and reinsurance business, has launched a new Facultative Reinsurance line of business, led by industry executive Lisa Pickard as President. Reporting directly to…
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Vantage Launches Facultative Reinsurance Business, Names Pickard as President
Vantage Group Holdings Ltd., the Bermuda-based re/insurer, announced the launch of its Facultative Reinsurance line of business, led by industry executive Lisa Pickard, who has joined Vantage as president of Facultative…
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RiverStone International completes $1.6bn LPT reinsurance transactions with QBE
Global legacy acquirer RiverStone International has completed its previously announced loss portfolio transfer (LPT) agreements with QBE Insurance Group, representing approximately $1.6 billion in reserves. The…
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MS Amlin launches AI tool to halve reinsurance wording reviews
Wordy Bot flags missing clauses and wording changes ahead of the 1 January renewals
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Link Broker Europe enters CEE and SEE reinsurance markets under Josip Malenica
Josip Malenica, previously Head of Reinsurance at GrECo Specialty, has launched Link Broker Europe d.o.o., a new brokerage operating from Croatia and specialising in facultative reinsurance placements across Central…
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ORA selects INTX operating system for treaty and facultative reinsurance
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ORA selects INTX operating system for treaty and facultative reinsurance
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Arch reports $1 billion profit as reinsurance premiums decline
Gross premiums written were roughly flat at $5.39 billion.
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Symetra partners with TIAA to launch sidecar-like life and annuity reinsurer Mariner Re
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Understanding Insurance: MGAs, Fronters, and Reinsurers
Who really owns your insurance policy?
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Deutsche Bahn captive exits reinsurance market with DARAG legacy deal
DVA Reinsurance dac hands 17 years of third-party liability to legacy acquirer as Deutsche Bahn subsidiary plans full exit from the reinsurance market
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Reinsurers enter January renewals flush as record El Niño builds
Insured catastrophe losses are the lowest since 2019, but Gallagher Re's historical data point to higher US losses if the Pacific swings to La Niña next year
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HCI’s reinsurance tower and token affected after claims from Hurricane Isaias hit
HCI Group, Inc., a Tampa-based insurance holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, has confirmed that only one of its three reinsurance…
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Travelers increases ceded percentage to cyber quota share reinsurance: CFO Frey
US primary insurer Travelers has expanded the amount of risk it cedes through its cyber quota share reinsurance treaty, a strategic move designed to manage risk exposure that will dampen top-line premium growth through…
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Lloyd’s issues framework for broker-originated reinsurance structures
Lloyd’s has released guidance establishing its regulatory expectations and approval requirements for broker-originated reinsurance structures, in response to growing industry demand for efficient mechanisms connecting…
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DOXA launches property reinsurance MGU to fill quota share gap
DOXA Re targets proportional property structures as specialist quota share capacity remains scarce
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Generali launching Lloyd’s Syndicate 2031 Red Bridge, to enhance access to reinsurance capital
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Generali advances reinsurance strategy with launch of Syndicate 2031 Red Bridge at Lloyd’s
Global insurer Generali has entered the Lloyd’s marketplace with the launch of Syndicate 2031 Red Bridge, which will assume a share of the carrier’s outward reinsurance placements, across multiple lines of business. For…
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ICW Re selects Ultrassure’s AI workspace to support reinsurance workflows
Ultrassure, an AI workspace for insurance and reinsurance, has announced that it has been selected by ICW Re, a global multi-line reinsurer, to support certain underwriting, operations and claims-related workflows…
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Chariot Re completes first reinsurance transaction covering Japanese liabilities
Chariot Reinsurance, Ltd., the Bermuda-based Class E life and annuity reinsurer co-sponsored by MetLife and General Atlantic, has successfully completed its fourth reinsurance transaction since its launch in July 2025…
Showing the 24 most recent of 137.