Renewals – (Re)in Asia

Renewals

Modern glass office tower with a prominent Suncorp sign on the top facade, under a partly cloudy sky.

Suncorp places FY2027 catastrophe cover, flags higher reinsurance costs

July 6 2026

Suncorp said its combined catastrophe and aggregate reinsurance programme is expected to limit FY2027 natural hazard costs in around 90% of scenarios.

Aerial view of a city skyline along a wide river, with a modern waterfront complex jutting into the water.

ANZ insurer consolidation drives further reinsurance price cuts: Aon

July 2 2026

The broker said reinsurers increasingly offered customised and multi-year solutions as competition intensified.

amanda-whiting-to-step-down-as-iag-new-zealand-ceo

Returning Asian and London capacity adds to ANZ reinsurance oversupply at 1.7 — Gallagher Re

July 1 2026

Cat rates on loss-free programmes fell 12.5% to 17.5% in Australia and New Zealand, with pro rata ceding commissions rising by up to 5%.

australias-market-lane-launches-the-lane-re-in-anz 1

ANZ cedents secure up to 15% rate cuts at 1.7 — Howden Re

June 30 2026

Ample capacity and reinsurer appetite enabled buyers to secure improved pricing and programme structures at July renewals.

australias-aub-group-to-buy-majority-stake-in-uk-broker-prestige-for-a432m

APAC property catastrophe rates fall 19% at 1/7 renewals as capacity stays ample — Guy Carpenter

June 30 2026

Cedents are diversifying panels and turning to catastrophe bonds, parametric covers and sidecars as soft conditions hand them the upper hand.

Storm-damaged pine forest with numerous fallen trunks and splintered branches scattered on the ground, gray sky overhead.

New Zealand Natural Hazards Commission expands catastrophe reinsurance cover by 20%

June 15 2026

The commission said it secured the NZ$12.3bn (US$7.1bn) programme on a more cost-effective basis than last year's placement.

Japan’s reinsurance market enters a spikier, more volatile phase

May 20 2026

Deepening competition has brought faster, more pronounced underwriting cycles.

Munich Re posts 56% Q1 profit rise amid selective April Asia renewal pullback

May 13 2026

Low major losses powered Munich Re’s Q1 results as the group selectively reduced exposure at April renewals in Asian markets.

Specialty lines 'shaped' by Middle East conflict at 1/4 renewals — Guy Carpenter

April 6 2026

Reinsurance rates fell across Asia at the 1 April 2026 renewal, with Japan and India leading price reductions.

aon-posts-record-us785bn-reinsurance-capital-as-asia-pacific-drives-softer-1-april-renewals

Reinsurance capital hits new high, driving double-digit rate cuts in Asia-Pacific — Aon

April 2 2026

Favourable catastrophe experience in Japan, South Korea and Thailand helped drive double‑digit rate reductions and stronger buyer leverage.

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