Briefing: Overarching soft reinsurance market at 1/1 sets out insurer opportunities for 2026

opportunity

Broker chief executive describes 2026 as ‘a year of enormous possibilities’, with falling reinsurance rates giving primary insurers scope to explore their strategic options

Although most professionals across the insurance market were able to put their feet up with a festive sigh in 2025’s Twixmas, those involved in the reinsurance industry had a heavier to-do list as the annual 1/1 reinsurance renewal date loomed and individuals sought to ensure that no preparatory stone was left unturned.

With 2026 now firmly established and most market participants back at their desks, there certainly appears to be pricing positivity for primary insurers, with post-renewal data depicting a widely soft and well capitalised reinsurance market.

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