Renewals

Hannover Re projects increased retentions at Asia 1/1 renewals

September 13 2024

Reinsurer says it expects generally stable prices and conditions, but Asia regions may see carriers opt for increased retention to manage potential reinsurance rate hikes.

Monte Carlo reflections: flatter rates shifts focus to long-term stability

September 12 2024

Asia could benefit from the unlocking of capital, but reinsurers are indicating caution.

Stability returns to Australian property segment in 1/7 renewals

July 9 2024

Benign catastrophe losses over the previous 12 months meant flat, or even reduced pricing, for Antipodean insurers.

Suncorp's FY25 reinsurance renewal bumps main cat limit, axes QLD quota share

July 5 2024

Cost of program expected to be broadly in line with FY24 renewal.

EQC secures NZ$9.2bn in natural hazard reinsurance

June 6 2024

NZ$9.2bn (US$5.7bn) reinsurance cover marks an increase of nearly NZ$1bn from previous year's total.

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Reinsurers maintain increased property cat risk appetite during 1.4 renewals: Gallagher Re

April 3 2024

More available capacity during renewals as reinsurers continue search for growth, with reinsurance appetite outstripping demand in Japan.

1.4 renewals see 'dramatic shift' toward ample property cat reinsurance capacity: Aon

April 2 2024

Aon says favourable conditions continued for cedents during 1.4 renewals, while spotlighting an increasing appetite for facultative solutions.

japan-pi-club-1-4-renewals-saw-further-rate-rises-amid-a-challenging-business-environment

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

March 30 2024

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

Lao PDR renews parametric flood cover with SEADRIF

February 5 2024

Renewed policy doubles number of flood level triggers to four.

reinsurance-capital-returning-to-pre-pandemic-levels-after-strong-rebound-in-2023-am-best

Reinsurance capital returning to pre-pandemic levels following strong rebound in 2023: AM Best

January 9 2024

Hard market, avoidance of major property losses, and gains from higher interest rates contribute to 2023 rebound.

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