Re/insurance Outlook forum

Reinsurance is where insurers buy insurance for themselves, and the industry’s New York outlook forum on May 12 is focused on how much risk carriers still want to keep as pricing pressure builds. (events.newton.media) (intelligentinsurer.com) Intelligent Insurer says more than 200 senior leaders and 40-plus C-suite speakers are expected at the one-day meeting at the New York Marriott Marquis. The agenda lists executives from SCOR, Munich Re North America and Swiss Re on the opening CEO panel. (events.newton.media 1) (events.newton.media 2) The agenda is built around capital deployment, renewals, climate losses, casualty claims inflation and cyber accumulation. One session asks what the 2026 renewals are showing about pricing discipline, market capacity and the role of alternative capital. (events.newton.media 1) (events.newton.media 2) That focus follows a year in which brokers and reinsurers were already warning that fresh money was entering the market but not evenly across every line. Gallagher Re said in October 2025 that the sector was “awash with capital,” with deployment choices likely to shape U.S. casualty business and the 2026 renewal cycle. (intelligentinsurer.com) Climate losses are a central reason the capital debate is getting sharper. Munich Re put insured losses from the Los Angeles wildfires in January 2025 at about $40 billion, while Swiss Re said severe convective storms produced another $31 billion of insured losses in the first half of 2025. (munichre.com) (swissre.com) Swiss Re said secondary perils such as wildfire, severe storms and floods made up a record 92% of global natural-catastrophe insured losses in 2025, totaling $107 billion. Munich Re separately estimated 2025 insured natural-catastrophe losses at about $108 billion, with weather events accounting for 97% of insured losses. (swissre.com) (munichre.com) Cyber is on the same list because reinsurers are trying to measure losses that can hit many policyholders at once, like a cloud outage or ransomware campaign. Liberty Mutual Reinsurance wrote in November 2025 that cyber pricing was softening again as capacity grew and brokers pushed for concessions, even after the market tightened in 2020 through 2022. (intelligentinsurer.com) The forum is also spending time on casualty, where higher jury awards and litigation costs have made long-tail business harder to price. Intelligent Insurer’s event materials say carriers are rethinking excess casualty after multi-billion-dollar losses and are discussing nuclear verdicts, litigation funding and the structure of excess layers. (events.newton.media) Regulation is part of the conversation too. A late-morning panel uses Florida as a case study, with Insurance Commissioner Michael Yaworsky scheduled to discuss reforms aimed at litigation abuse, reinsurance availability and claims handling as other states confront wildfire risk and insurer pullbacks. (events.newton.media) The practical question hanging over the day is simple: if capital is available but climate, casualty and cyber losses are harder to model, reinsurers can still choose to charge more, write less or redesign coverage. That is why a one-day conference about pricing and capital allocation can shape what insurers are able to sell at the next 6/1 and 1/1 renewals. (events.newton.media) (intelligentinsurer.com)