📄 Arundo Re Announces January 1, 2025 Renewals in Line with Its Ambitious Strategic Plan

During the 1/1 renewals, Arundo Re continued on its growth trajectory while maintaining underwriting discipline.  

The gross written premiums for this renewal campaign—representing approximately 70% of Arundo Re’s portfolio—amounted to €970 million, representing a increase of 13% compared to last year (at constant exchange rates).  

Despite stable market capacity and a changing climate, as well as an uncertain political and economic environment, supply gradually outpaced demand as negotiations progressed. Ultimately, many programs were oversubscribed, leading to less favorable pricing conditions for reinsurers.  

Arundo re’s Chief Underwriting Officer Hervé Nessi states: “We are particularly satisfied with these renewals, which took place in a more challenging environment than expected for reinsurers. For the ninth consecutive year, we have achieved double-digit growth. However, our real success, every year, is the simultaneous improvement of our return on capital."

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