P&I clubs report tonnage growth during renewals despite industry turbulence
February 21 2025 by Joana Nguyen
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Hannover Re grows APAC premiums 2% at 1.1 despite broadening market terms, pockets of weak pricing
- February 6
While 1.4 renewals will likely similar momentum, market will be mindful of last year's acceleration in rate reduction, executive board member for P&C Sven Althoff tells InsuranceAsia News.
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Scor reports 7.4% growth in P&C premiums at 1.1 renewals, driven by APAC, North America
- February 5
Total traditional reinsurance estimated gross premium income increased by 4.7% to US$5.3bn during the recent renewals.
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Cyber aggregate XoL rates slump 32% at 1.1 renewals: Gallagher Re
- February 2
Buyers have benefited from improvements in structural terms as well as pricing due to an oversupply of capacity.
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1.1 renewals show acceleration of downward pricing momentum: Moody’s
- January 29
Reinsurers will post strong profitability for the year and companies are expected return more capital to shareholders through dividends and share buybacks as expected returns from underwriting move lower over the coming months, the rating agency says.
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