Subject: Renewals Page 1 / 11
-
- July 2 2026
We’ve seen reinsurers’ appetite prevail at 1.7, Gallagher Re’s Roshan Perera says
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.
-
- July 1 2026
Record reinsurance capital drives creative solutions at mid-year renewals: Aon
Australia and New Zealand cat XoL pricing down 15-20%, while pro-rata commissions were up 2-3%.
-
- July 1 2026
Pricing is converging towards technical adequacy at 1.7, not overshooting it: Gallagher Re
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.
-
- June 30 2026
Cedents secure rate cuts, better terms, structural improvements at 1.7: Howden Re
Assertive buyers, abundant capacity, benign loss experience and consolidation contribute to 10-15% rate reductions on loss-free business.
-
- June 29 2026
Global property catastrophe rates fall to minus 16% at 1.7 renewals: Guy Carpenter
Guy Carpenter says the competitive pricing environment 'continued to prevail' during the midyear renewals, which include Australia and New Zealand.
-
- June 26 2026
Buyer-friendly renewals persist at 1.7 as soft market signs mount, but reinsurers signal pricing floor
Rate reductions of 10–15% on loss-free business, with deeper cuts in some cases, as terms and conditions hold firm, industry insiders told InsuranceAsia News.
-
- June 22 2026
Asia aviation insurers continue to push for rate hikes as historic claims, Russia exposure linger
Aviation insurers seek rate hikes amid stable quota share capacity, as quota share income faces pressure from internal retentions and competition.
-
- May 27 2026
‘Pronounced softening’ at Florida renewals bodes well for APAC insureds, but long-term risks are building
Double-digit price cuts at the June 1 Florida renewals point to near-term relief for APAC cedents, yet rising coastal exposure and inflation-driven construction costs warn that rating adequacy remains a longer-term challenge.
-
- April 19 2026
IRDAI retains 4% obligatory cession for FY27 renewals
Cession to state-owned GIC Re will apply to policies attaching in the current financial year, which ends on March 31, 2027.
-
- April 2 2026
Excess capacity driving sharp price drops in Asia at 1.4: Guy Carpenter
Despite geopolitical uncertainties, reinsurers are keen to support clients with innovative solutions, ensuring stability and continuity, APAC CEO Tony Gallagher says.
-
- April 2 2026
Reinsurers eye ‘pockets of opportunity’ in soft Japan April 1 renewals
‘Re‑underwriting’ and primary rates hikes have boosted appetite across historically challenged lines, such as property per‑risk and casualty, Gallagher Re’s George Sherriff tells InsuranceAsia News.
-
- April 1 2026
Asian renewals see broad softening, but outcomes diverge by territory and loss experience
While overall demand remained stable, cedents in South Korea, India, China, and the Philippines capitalised on favourable terms and competitive pricing, with many exploring new structures and proportional protections.
-
- April 1 2026
Record US$785bn of reinsurance capital drives APAC market softening during 1.4 renewals: Aon
Cat XoL pricing in Japan saw 15-18% reductions during the 1.4 renewals as capacity influx fuelled intense competition within the reinsurance market.
-
- April 1 2026
‘Firmly in an attractive buyers’ market’ with property rates down, casualty broadly stable at 1.4: Gallagher Re
Some of the biggest property decreases came in Japan, the US and the Philippines, with reductions of 15-25% for loss-free programs, according to the First View report.
-
- March 31 2026
Property cat rates ease to pre-hard market levels even as Middle East turmoil tests specialty lines: Howden Re
April renewals see orderly completion with Japan cat XoL programs seeing up to 20% risk-adjusted reductions.
-
- March 27 2026
Philippine cedents ‘buying smartly’ as market softens, proportional capacity returns
Reinsurance brokers are witnessing up to 15-20% rate reduction on a risk-adjusted basis at 1.4 renewals, as nat cat losses were manageable and less severe than anticipated.
-
- March 26 2026
‘Exciting times’ for Indian market as capacity influx drives steep softening at 1.4 renewals
Status as a magnet for global reinsurance capacity is driving significant rate reductions despite the ongoing conflict in the Middle East, according to brokers.
-
- March 10 2026
P&I renewals on an even keel as lower claims, higher returns soften stance
- Analysis
- Insurers
- Global
- P&I
- Renewals
- American P&I Club
- International Group of P&I Clubs
- London P&I
- NorthStandard P&I Club
- Skuld
Despite early fears of hardening conditions following a surge in pool claims, the 2026-27 renewals closed on a notably pragmatic tone prior to the outbreak of the war in Iran.
-
- March 5 2026
Cyber tail, property cat blended structures cut reinsurance costs: Gallagher Re
Shared limit structures can lead to materially lower pricing, through lower capital requirements and diversification benefits.
-
- February 26 2026
Munich Re cuts P&C reinsurance book by 8% at 1.1 amid softening, disciplined underwriting
Overall prices fell by 2.5% for the global reinsurer at the January 1 renewals.
