| LDR | | | 00000cam a22000004 44500 |
| 001 | | | MAP20260015729 |
| 003 | | | MAP |
| 005 | | | 20260522161619.0 |
| 008 | | | 260514s2026 gbr|||| ||| ||eng d |
| 040 | | | $bspa$aMAP$dMAP |
| 084 | | | $a5 |
| 110 | 2 | | $0MAPA20220004640$aGallagher Re |
| 245 | 1 | 0 | $aReinsurance market report$b: results for full-year 2025$cGallagher Re |
| 260 | | | $aLondon$bGallagher Re$c2026 |
| 300 | | | $a37 p. |
| 505 | 0 | | $aExecutive summary -- Introduction -- Key themes -- Capital -- Profitability -- Appendix 1 -- Appendix 2 |
| 520 | | | $aThe Gallagher Re Reinsurance Market Report (May 2026) analyzes full-year 2025 results for the global reinsurance industry. Total dedicated reinsurance capital rose 11% to USD 648bn, driven by strong retained earnings in traditional capital and historic inflows into non-life alternative capital. The Composite's reported ROE reached 19.3%, supported by benign natural catastrophe losses, investment gains, and prior-year reserve releases; underlying ROE eased to 13.5% amid softer pricing and equity growth outpacing revenues. Premium growth slowed to ~1% as market conditions softened, while reported combined ratios hit record lows (82.5% for the Composite). Alternative capital expanded to USD 135bn, increasingly entering beyond property cat. For 2026, capital growth is expected to moderate (~4%) and ROE to remain above the implied cost of equity (estimated 1415%) assuming normalized nat-cat activity. Methodological updates refine capital definitions and profitability drivers |
| 522 | | | $aInternacional |
| 650 | | | $0MAPA20080552367$aReaseguro |
| 650 | | | $0MAPA20080602529$aMercado de reaseguros |
| 650 | | | $0MAPA20080605957$aEmpresas de reaseguros |
| 650 | | | $0MAPA20080563974$aRentabilidad |
| 650 | | | $0MAPA20080600204$aCatástrofes naturales |
| 710 | 2 | | $0MAPA20220004640$aGallagher Re |
| 856 | | | $uhttps://www.ajg.com/gallagherre/-/media/files/gallagher/gallagherre/news-and-insights/2026/may/reinsurance-market-report-results-for-full-year-2025.pdf |
