Renewals – InsuranceAsia News https://insuranceasianews.com/industry_segments/renewals/ Sun, 04 Jan 2026 06:13:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Strong capacity, growth appetite drive favourable 1.1 renewals outcomes: Howden https://insuranceasianews.com/strong-capacity-growth-appetite-drive-favourable-1-1-renewals-outcomes-howden/ Fri, 02 Jan 2026 12:04:48 +0000 https://insuranceasianews.com/?p=207905 APAC's risk-adjusted pricing for loss-free XoL programs generally falls by 10-20%.

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Property-catastrophe rates in Asia Pacific saw significant reductions at the January 1 renewals, with risk-adjusted pricing for loss-free excess of loss programs generally falling by 10-20% on average...

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]]> Asia Pacific sees larger property cat rate reductions during 1.1 renewals: Gallagher Re https://insuranceasianews.com/asia-pacific-sees-larger-property-cat-rate-reductions-during-1-1-renewals-gallagher-re/ Fri, 02 Jan 2026 09:39:12 +0000 https://insuranceasianews.com/?p=207907 Clients in Asia Pacific and other regions enjoying 'significant rate reductions' because of 'plentiful capacity', Gallagher Re CEO Tom Wakefield says.

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The January 1 renewal was a “period of choice, change and opportunity” for cedents, with clients securing healthy rate reductions following a relatively benign natural catastrophe losses last year and...

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]]> Cedents still ‘exploring’ options after 1.1 renewals under softening market https://insuranceasianews.com/cedents-still-exploring-options-after-1-1-renewals-under-softening-market/ Thu, 01 Jan 2026 23:30:22 +0000 https://insuranceasianews.com/?p=207781 Guy Carpenter expects dedicated reinsurance capital to grow by around 9% in 2025, reaching approximately US$660bn, with Asia Pacific CEO Tony Gallagher telling InsuranceAsia News that the market remains highly competitive, with increased capacity and strong quoting activity.

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Cedents will continue to explore buy-down options or review their top layer under the softening market, according to Guy Carpenter's Asia Pacific CEO Tony Gallagher, after the 1.1 renewals resulted in...

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]]> APAC rate reductions neared 20% for non-loss impacted accounts at 1.1 renewals: Aon https://insuranceasianews.com/apac-rate-reductions-neared-20-for-non-loss-impacted-accounts-at-1-1-renewals-aon/ Thu, 01 Jan 2026 08:27:40 +0000 https://insuranceasianews.com/?p=207825 Third-party capital reached a new high of US$124bn at the end of the third quarter, while the catastrophe bond market ended the year at an all-time high, Aon said in a review of its Reinsurance Market Dynamics January 2026 Renewal report.

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Rate reductions in Asia Pacific approached 20% for non-loss impacted accounts during the 1.1 renewals, Aon said in a review of its Reinsurance Market Dynamics January 2026 Renewal report.
The full rep...

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]]> 1.1 renewals steady despite delays as excess capacity drives softer pricing across APAC https://insuranceasianews.com/1-1-renewals-steady-as-excess-capacity-drives-softer-pricing-across-asia-pacific/ Sun, 21 Dec 2025 23:30:22 +0000 https://insuranceasianews.com/?p=207330 Reinsurers and brokers report competitive pricing, stable terms, and selective loss impacts, with abundant capacity reshaping negotiations and, in some cases, cedents pushing for up to 20% rate reductions.

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The ongoing January 1 reinsurance renewals are progressing in an orderly yet dynamic fashion, with a mix of stabilising conditions, competitive pricing, and shifting structural preferences as abundant...

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]]> Aon renews client treaty for 2026 with additional fac, aviation and construction covers https://insuranceasianews.com/aon-renews-client-treaty-for-2026-with-additional-fac-aviation-and-construction-covers/ Wed, 17 Dec 2025 09:42:30 +0000 https://insuranceasianews.com/?p=207187 Fast-follow automatic facility led by QBE will provide clients with 28.5% of pre-secured Lloyd's coinsurance capacity on lines placed through London and Singapore.

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Aon has renewed its Aon Client Treaty (ACT) insurance facility for 2026 with additional facultative reinsurance, aviation and construction covers, according to a release.
The fast-follow automatic fac...

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]]> P&I clubs all at sea ahead of renewals as they seek to navigate new claims normal https://insuranceasianews.com/pi-clubs-concerned-as-they-seek-to-navigate-new-claims-normal/ Sun, 07 Dec 2025 23:30:47 +0000 https://insuranceasianews.com/?p=206172 International Group of P&I Clubs are eyeing premium increases ranging from 4-8% in February's renewals.

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The world’s protection and indemnity (P&I) clubs have entered the vital run-up to the February renewals amid fears of premium adequacy and a growing debate over the need to create new solutions to...

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]]> Howden Re looks to bring ‘something very different to the market’, APAC head Andy Souter says https://insuranceasianews.com/howden-re-looks-to-bring-something-very-different-to-the-market-apac-head-andy-souter-says/ Tue, 02 Dec 2025 23:30:13 +0000 https://insuranceasianews.com/?p=205875 Reinsurance broker outlines its growth ambitions in APAC and how it aims to provide clients with holistic solutions beyond traditional reinsurance placements.

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While the Asia-Pacific region remains an exciting growth market for Howden Re, APAC head Andy Souter believes the broker is introducing “something very different to the market”.
“The way I would descr...

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]]> Tighter solvency regimes, market disruptions driving Asian demand for structured solutions: Swiss Re’s Kaspar Mueller https://insuranceasianews.com/tighter-solvency-regimes-market-disruptions-driving-asian-demand-for-structured-solutions-swiss-res-kaspar-mueller/ Wed, 26 Nov 2025 23:30:13 +0000 https://insuranceasianews.com/?p=205407 Capital motivation, volatility protection and leveraging capital for growth are key motivations for cedent's seeking structured programs, the reinsuer's CUO for structured solutions says.

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The changing regulatory regimes and evolving dynamics of the markets in Asia are driving increased demand for structured solutions, according to Swiss Re's Kaspar Mueller.
Capital motivation or volati...

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]]> ‘Eventful renewal season’ expected, Marsh says, as 7 of 12 IG group confirm general increases for 2026 https://insuranceasianews.com/eventful-renewal-season-expected-uk-pi-club-head-says-as-7-of-12-ig-group-confirm-general-increases-for-2026/ Wed, 26 Nov 2025 10:00:29 +0000 https://insuranceasianews.com/?p=205366 Peter Hulyer, head of P&I for UK at the broker, says there are 'mixed messages from the clubs on claims trends'.

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Marsh's Peter Hulyer expects "an eventful renewal season" after seven of the 12 International Group of P&I Clubs (IG) confirmed general increases ahead of the 2026 renewals. 
The Japan P&I Clu...

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