Shutterstock_1914701269 and 430526941

9 April 2024Reinsurance

Reinsurance capital hits decade high to $729bn; ‘exceptional’ profits in ’23

The global reinsurance industry capital surged by 12% year-on-year reaching $729 billion in 2023, marking the highest level recorded in the past decade. This growth was fuelled by “exceptional” profitability throughout the year, alongside a more favourable experience with natural catastrophes, a latest report from Gallagher Re has indicated.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Global Re looks strong after 2025, but margin pinch looms: S&P

6 February 2026 Cedant demand hasn’t engaged enough to balance rising capacity long-term.

Reinsurance prices softening in LatAm, attention turns to secondary perils

6 February 2026 But lower rates are mean comparatively higher attachments and tighter terms: Howden.

Compre creates deputy CEO role for incoming Premia UK hire

6 February 2026 Deputy CEO to be responsible for core operations across group.

More articles

What keeps CISOs up at night: agentic AI, burnout and board gaps

Public-private cyber collaboration: vital, but far from universal

Cyber insurers need to ‘go the hard way’ creating product awareness, distribution

Outside in: too often cybersecurity looks the wrong way

Winners and highly commended revealed at Intelligent Insurer’s MENA Awards 2026

Lloyd’s of London presses pause on Blueprint Two, rethinks strategy: reports

Global Re looks strong after 2025, but margin pinch looms: S&P

Storm Fern jolts P&C insurers, but losses stay contained

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze