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

Rachel Dalton, 
Fiona Robertson, Liz Bury
30 March 2022
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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...

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Rachel Dalton
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Liz Bury
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