Japanese renewals: Reinsurers lower expectations of wind repricing
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Japanese renewals: Reinsurers lower expectations of wind repricing

Rachel Dalton
23 March 2021
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Rough sea

Reinsurance underwriters and brokers anticipate a Japanese renewal largely unaffected by Covid-19 as negotiations continue to focus on payback for 2018 and 2019 typhoon losses.

This year’s 1 April renewal presents a contrast to that of 2020, in which reinsurers achieved 35%-55% rate increases on wind programmes amid last-minute turbulence as panic over the impact of the pandemic struck negotiations.

This

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Topics

Analysis Renewals Stocks Catastrophe losses Property
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Rachel Dalton
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