---
title: Strategic Imperatives for P&C Reinsurers in 2025
image: https://resources.oxbowpartners.com/hubfs/RI%20CEO%20AGENDA.png
---

# STRATEGIC IMPERATIVES FOR P&C REINSURERS IN 2025

This paper is based on our work with numerous reinsurers and analysis of our Reinsurance Market Model, which contains detailed performance data on 19 of the largest P&C reinsurers accounting for nearly $400bn of premium.

Despite an outstanding 2023 market result for reinsurers and likely strong 2024, the market equilibrium feels fragile: traditional reinsurance capital is estimated to be up 10% in 2024; well-capitalised challengers are manoeuvring; some startups are lurking; and third party capital is steadily increasing. The outlook for 2025 is uncertain.

![{06B31B28-EB9E-4668-B1EC-3993565C5F5A}-png](https://resources.oxbowpartners.com/hs-fs/hubfs/%7B06B31B28-EB9E-4668-B1EC-3993565C5F5A%7D-png.png?width=580&height=821&name=%7B06B31B28-EB9E-4668-B1EC-3993565C5F5A%7D-png.png "{06B31B28-EB9E-4668-B1EC-3993565C5F5A}-png")

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### Chris Sandilands

##### Partner

Chris is a Partner at Oxbow Partners. He started his career at Munich Re where he was a D&O underwriter. He then moved into consulting, where he has spent 20 years advising (re)insurance management teams around the world on topics including strategy development, operating model redesign, governance optimisation, underwriting transformation and innovation. Chris lives in London and spends a lot of his time with clients in Bermuda and Continental Europe.

**[Contact Chris](mailto:csandilands@oxbowpartners.com)**

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### Christian Bieri

##### Senior Advisor

Christian is a Senior Advisor at Oxbow Partners. He has held senior underwriting and leadership roles at Swiss Re and Amlin Re (now MS Re) and was most recently CEO of Bernina Re, Credit Suisse’s ILS vehicle.

**[Contact Christian](mailto:cbieri@oxbowpartners.com)**

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## About us

Oxbow Partners is a specialist management consultancy exclusively serving the insurance industry. Our clients include leadership teams at the world’s leading insurers, reinsurers, brokers and private equity firms.

Our consulting engagements span across strategy, operations, technology, transformation and M&A. Our Market Intelligence team offers unique analysis into the UK market and global reinsurance.

Senior executives choose Oxbow Partners when they want a fresh perspective from a high-calibre team of industry specialists that thinks deeply about each client’s unique situation and has a track record of delivering insight and impact.

Since 2021 we have been featured as a leading UK management consulting firm by the Financial Times. In 2023 we became a B Corp, indicating our commitment to balance purpose and profit.

## Contact us

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