Free trial
Subscribe

Log in

(Re)in Asia logo

Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Thursday, October 29, 2026

Lockton sees 5% P&I renewal increases in 2027 as Baltimore claims, geopolitics drive costs

Diversification into other marine lines has helped some clubs improve underwriting results, but persistent deficits are expected to drive further upward pressure on 2027 renewals.
Cargo cranes and stacked shipping containers stand beside a bridge at a busy port.

By 

October 28, 2026

 • 

4 min read
Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.

Unlock this insight for free

Register for a free 14-day trial to read the full insight.

  • 14 days of access to (Re)in Asia’s premium intelligence
  • Free daily briefing in your inbox each morning
  • No credit card required
Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.

Read next