Emerging risks | Growth Opportunities | APAC Insurance

Thursday, July 23, 2026

Data insight, Marine & Cargo, News, Non-life, P&I, Rates/premiums, Renewals

Japan P&I Club sees tonnage drop amid further rate rises in 1.4 renewals

7.5% rate increase for ocean-going vessels and a 10% increase for Naiko Class mark consecutive hikes for fifth and third year respectively.

By

Editorial team

March 30, 2024

•

4 min read

The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August

Already a member? Sign in →

MEMBERS ONLY

Continue reading with a free account.

• Free daily briefing in your inbox each morning

• 14 day trial to (Re)in Asia's premium intelligence

• No credit card required

The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August

Read next

AM Best holds stable outlook on Japan non-life as rate rises lift yields June 24 2026
India moves closer to domestic P&I club as IFSCA consults on framework June 24 2026
Sompo sees India as strategic growth market amid insurance reforms — Report July 14 2026
ANZ insurer consolidation drives further reinsurance price cuts: Aon July 2 2026
China claims pressure eases further in April as premium growth moderates June 29 2026
Thin data, soft rates push Asia cyber underwriters further beyond traditional loss history July 6 2026