P&I clubs report tonnage growth during renewals despite industry turbulence
February 21 2025 by Joana Nguyen
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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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Pricing is converging towards technical adequacy at 1.7, not overshooting it: Gallagher Re
- July 1
Relatively late renewal saw market dynamics in Australia and New Zealand continuing to favour buyers with loss free cat layers recording up to 17.5% reduction, alongside improved commissions.
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Beazley | Clean marine: How aqua-innovators can ride the energy wave
Insurance is critical to clean marine progress, but new fuels bring risks traditional policies do not fully cover, presenting market players an opportunity to build new models.
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PartnerRe | Dementia the protection gap insurers can no longer ignore
Unlike acute illnesses, dementia creates a long tail of financial need and its impact extends well beyond patients.
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Sedgwick | Investing in people is shaping the future of loss adjusting in Asia
Sedgwick Asia says it is ready to meet the evolving challenges of Asia’s dynamic insurance markets.
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PartnerRe | Understanding ageing in APAC: why perception, planning and protection don’t always align
Ageing is shaping finances, family dynamics and insurance needs of the caregiving ecosystem, but current product propositions and underwriting frameworks are not keeping pace with protection needs, finds PartnerRe survey.
