Asian renewals see broad softening, but outcomes diverge by territory and loss experience
April 1 2026 by Mithun Varkey
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Record US$785bn of reinsurance capital drives APAC market softening during 1.4 renewals: Aon
- April 1
Cat XoL pricing in Japan saw 15-18% reductions during the 1.4 renewals as capacity influx fuelled intense competition within the reinsurance market.
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‘Firmly in an attractive buyers’ market’ with property rates down, casualty broadly stable at 1.4: Gallagher Re
- April 1
Some of the biggest property decreases came in Japan, the US and the Philippines, with reductions of 15-25% for loss-free programs, according to the First View report.
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Howden Re names Henry To as Hong Kong chairman
- April 1
He will work closely with the senior leadership team, supporting the growth of the business and strengthening Howden Re's presence and capabilities in Hong Kong and the broader region.
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Property cat rates ease to pre-hard market levels even as Middle East turmoil tests specialty lines: Howden Re
- March 31
April renewals see orderly completion with Japan cat XoL programs seeing up to 20% risk-adjusted reductions.
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