P&I clubs report tonnage growth during renewals despite industry turbulence
February 21 2025 by Joana Nguyen
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Philippines 1.4 renewals ‘smooth and steady’, with XoL rates softening by 5-10%
- March 20
Process more stable compared to last year, and as reinsurers have remained disciplined, negotiations are more predictable and capacity availability has improved, brokers say.
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IRDAI extends 4% obligatory cession for FY26 renewals
- March 4
Cession applies to policies attaching in the FY26, and will be placed with GIC Re.
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Swiss Re’s 1.1 APAC renewals growth slows down
- February 28
Reinsurer's 2% increase in regional premium volume this year contrasts the 5% growth reported in last year’s January 1 renewals.
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Skuld grows mutual P&I GT by 6% during renewal despite ‘turbulent times’
- February 26
The club's mutual P&I tonnage for the 2025/26 policy year stands at 122 million gross tonnage (GT).
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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’.
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Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
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Allianz Life | Reaching for excellence through empowering people
Fostering strong customer relationships, nurturing community well-being and championing employee development through innovative insurance solutions to shape a brighter shared future for all.
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WTW | Navigating a complex world with endless possibilities
Living with rising uncertainty from new and emerging risks can be turned into strategic opportunities for businesses.
