Underwriting performance of P&I clubs likely to fall in FY25: AM Best
February 20 2025 by InsuranceAsia News
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Record capital, increased reinsurer appetite drive rate reductions at July 1: Aon
- July 1
In Australia and New Zealand, property cat XoL renewals see up to low double-digit risk-adjusted reductions.
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‘Quite orderly’ 1.7 ANZ renewals seeing double-digit rate cuts amid plentiful capacity
- June 17
Reinsurers, though, have little appetite to reduce first loss retention levels, sources told InsuranceAsia News.
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As balance of power shifts, Asian property cat cedents can take heart from Florida renewal season
- June 12
Following recent years in which capacity has been restricted, reinsurers are demonstrating an increased risk appetite at a reduced rate.
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Swiss Re reports 1.5% price increase at April 1 renewals, grows book to US$2.2bn
- May 16
The rate hikes reported by the reinsurer are in contrast to a 1.7% rate decline reported by Munich Re and a 2.4% decline reported by Hannover Re.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The carrier proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
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Sedgwick | Asia’s Energy Transformation – Balancing Growth, Risk and Renewables
Energy market presents unique risks, especially in a region which includes China and Japan as well as developing nations like Vietnam and the Philippines.
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Beazley | Turbulent Waters: the maritime energy transition challenge
Businesses are facing a complex transition to non-carbon energy sources amid a push to achieve net-zero emissions for the marine sector by 2050.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
