Alfredo Lomeli, chief underwriting officer for Latin America and the Caribbean at France-based SCOR SE, said the region’s reinsurance market is shifting toward a softer cycle, driven by excess capacity in catastrophe and non-catastrophe lines, Reinsurance News reported. He added that facultative reinsurance is seeing the strongest competition, with new players offering more flexible terms and lower rates ahead of the 2026 renewals.
Latin America’s reinsurance market is softening: SCOR
November 27, 2025