Cyber risk presents a new opportunity for reinsurers to expand their scope — and relevance — in the new digital economy. Cyber risk presents a new opportunity for reinsurers to expand their scope — and relevance — in the new digital economy. (Shutterstock)

In recent years, the reinsurance industry has faced substantial headwinds — both figuratively and literally. With catastrophic hurricanes and the California wildfires, many major reinsurers felt serious financial strain in 2017. Not only that: Leaders worldwide are concerned about how the entire industry operates and the sustainability of the reinsurance industry in the decades ahead.

With a new pressure on margins and emerging digital transformation, an EY report says some reinsurers might find themselves struggling to survive. On the state of the property catastrophe market the CEO of leading global reinsurer Swiss RE, Christian Mumenthaler, said the industry needs to, 'get used to a world where margins are much lower.' In short, the current outlook doesn't seem particularly positive.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Coverage & Policy Issues
Cybersecurity
Education & Training
Reinsurance