P&I clubs report tonnage growth during renewals despite industry turbulence
February 21 2025 by Joana Nguyen
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Hannover Re books 12.3% premium growth at mid-year renewals as rates slide 4.5%
- August 12
Reinsurer’s P&C service result for H1 FY26 was up 33% to US$1.5bn, while its COR beat its target at 83.2%.
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P&I clubs face painful renewals as soaring Baltimore bridge liability costs leave some with difficult decisions to make
- July 29
Cost of the MV Dali's collision with the Francis Scott Key Bridge in Baltimore in March 2024 is threatening the limits of the International Group (IG) of P&I Club’s reinsurance program and its Hydra captive.
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We’ve seen reinsurers’ appetite prevail at 1.7, Gallagher Re’s Roshan Perera says
- July 2
New managing director and head of APAC tells InsuranceAsia News that while there seems to be some more room for rate reduction, cedents will certainly benefit from more options and flexibility in future renewals.
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Record reinsurance capital drives creative solutions at mid-year renewals: Aon
- July 1
Australia and New Zealand cat XoL pricing down 15-20%, while pro-rata commissions were up 2-3%.
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Asia's subsea industry is expanding and evolving rapidly, with the growing use of technology across the region changing the way risks are be assessed.
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