Japan 1.4 renewals ‘orderly’ with risk-rated hikes
March 27 2024 by Georgina Lee-
1.4: South Korean cedents to see single-digit rating increases
- March 28
While the market has yet to fully recover from the past years’ big industrial and cat losses, reinsurers are comfortable with where the rates, terms and conditions are now.
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Britannia P&I’s Bermudan reinsurers, Axa XL set to bear brunt of multi-billion-dollar Baltimore bridge collapse
- March 27
The event involving Singapore-flagged Dali, which could likely be the biggest insured loss in maritime history, will increase pool layer costs and container GXL pricing next year, sources tell IAN.
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1.4: Philippines sees flattish pricing though quoting markets remain tight
- March 25
While there is a gradual return to an orderly renewal process, the market is seeing a shift from proportional to non-proportional treaties.
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Buyers closing in on PSC, but sluggish UK arm makes for a tricky deal: sources
- March 22
A deal could be announced in a matter of days with Marsh, Ardonagh and Gallagher rumoured to be leading the race.