Reinsurers set for calm Japanese renewal as XoL rate increases taper off
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Reinsurers set for calm Japanese renewal as XoL rate increases taper off

Economy Business and Investment Stock Chart

Reinsurers anticipate an orderly 1 April renewal of Japanese property reinsurance contracts, although some have expressed disappointment that the strong increases seen in 2020 and 2021 have tapered away this year.

Sources indicated that on wind excess-of-loss (XoL) covers, rates would increase in the region of 2% to 5% – a reduction on 2021’s 5%-10% increases, and a world away from the 30% rate hikes seen in the wake of...

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article