Reinsurance News
Japan
US cyber rates drop 32% at April 1, bespoke solutions surge amid ample reinsurance capacity: Gallagher Re
2nd April 2026
US cyber reinsurance rates fell around 32% during the April 1 renewals, impacted by a surge in excess capacity, which combined with a stable performance and low non-proportional pricing, has fostered the development of tailored solutions for cyber portfolios, according to Gallagher Re’s 1st View April renewal report While primary rates ... Read the full article
Japanese buyers achieved significant price improvements at April 1 renewal, T&Cs stable: Aon
2nd April 2026
Japan's insurers secured favourable terms and pricing reductions during the April 1 reinsurance renewal season, supported by strong financial results, a lack of major catastrophe losses, and abundant capacity, according to global broking group Aon. According to Aon’s April 2026 renewal Reinsurance Market Dynamics report, which explores the Japan-focused 1.4 renewal ... Read the full article
Japan remains an attractive, diversifying market for reinsurers despite further softening at April 1: Gallagher Re’s Sherriff
1st April 2026
Japan continues to be an attractive, diversifying market from a reinsurance standpoint, said George Sherriff, Chief Executive Officer, Gallagher Re Japan, noting that reinsurers are very well capitalised and entered the April 1st, 2026, renewals still seeking opportunities. In an interview with Reinsurance News around the largely Japan-focused April renewals, Sherriff ... Read the full article
Jan 1 themes persist at April renewals as property cat rate decreases accelerate: Gallagher Re
1st April 2026
January 1 renewal trends persisted at the Japan-focused April 1 reinsurance renewals, with Gallagher Re reporting that Japanese property catastrophe programmes ran loss free, leading to risk-adjusted rate decreases of between -15% and -17.5%, as buyers took advantage of strategic opportunities. Reinsurance broker Gallagher Re's latest 1st View Report examines the ... Read the full article
Specialty MGA appoints Uwe Sievers to drive Japan growth strategy
1st April 2026
Specialty MGA, part of MNK Group, has appointed Uwe Sievers as Director of Business Development, Japan, tasking him with leading the expansion of its focused offering in the Japanese market. The decision underscores the growing importance of Japan within the Group’s wider international ambitions, as it continues to broaden its global ... Read the full article
April 1 renewal saw Japan property cat rates return to early 2020s levels, says Howden Re
31st March 2026
Risk-adjusted property-catastrophe rates-on-line in Japan reverted to levels last seen in the early 2020s at the April 1 2026 reinsurance renewals, with catastrophe excess-of-loss programmes in the country witnessing risk-adjusted price reductions of up to 20%, according to Howden Re, the global reinsurance broker. At the Japan-focused April renewal season, Howden ... Read the full article
AM Best affirms Sompo’s ratings following Aspen acquisition
27th March 2026
Credit rating agency AM Best has removed the under review with positive implications status and affirmed the Financial Strength Rating of A+ (Superior) alongside the Long-Term Issuer Credit Ratings of “aa-” (Superior) for Sompo Japan Insurance Inc. and its subsidiaries. The Financial Strength Rating carries a stable outlook, while the Long-Term ... Read the full article
BPL expands global footprint with new Tokyo office
18th March 2026
BPL, an independent credit and political risk insurance broker, has opened an office in Japan as part of its broader international development. The decision reflects increased demand from Japanese financial institutions, trading houses, multinational corporates and investors for specialised credit and political risk insurance solutions. Interest has been particularly evident among Japanese ... Read the full article
US life insurers maintain steady but uneven profitability as rate support eases: Moody’s
3rd March 2026
Credit rating agency Moody’s reports that publicly traded US life insurers delivered solid, though uneven, operating profitability in the fourth quarter of 2025, as the boost from higher interest rates subsided and yields stabilised. While results were generally positive compared with the prior year, sequential performance for some companies weakened due ... Read the full article
Tim Hewitt named Head of Japan Intl. Solutions & Strategy at Howden Japan
4th February 2026
Global insurance and reinsurance broker Howden has announced the appointment of Tim Hewitt as Head of Japan International Solutions and Strategy at Howden Japan, effective February 2026. In his new role, Hewitt will continue to focus on growing Howden’s M&A solutions platform in Japan. He will work closely with Japanese clients ... Read the full article
Howden names Shunsuke Takechi as Head of M&A for Japan
3rd February 2026
Global insurance and reinsurance broker Howden has announced the appointment of Shunsuke Takechi, a highly experienced and qualified Japanese attorney with over 13 years of experience, as Head of Japan, M&A. Takechi holds the unique distinction of being the first and only registered senior Japanese lawyer in the insurance brokerage industry. His ... Read the full article
Howden expands marine insurance services into Japan
6th November 2025
Howden, an insurance brokerage and risk advisory firm, has officially launched its marine insurance services in Japan, marking an important step in its continued growth across Asia. The new operations will be led by Koji Aragane, Marine Director, who brings extensive experience and a proven background in maritime insurance. Aragane’s leadership reflects ... Read the full article
Japan’s non-life insurance market strengthens through reforms and reinsurance adjustments: Gallagher Re
27th October 2025
Gallagher Re, the reinsurance broker and risk advisory firm, provides new insights into Japan’s non-life insurance sector in its latest Asia Pacific Market Watch Report. The report shows that Japan, a global top-ten market by non-life premiums and one of the largest in the Asia-Pacific region, continues to progress through structural ... Read the full article
Brookfield Wealth Solutions enters into Japan-based reinsurance agreement with Dai-ichi Frontier Life
1st October 2025
Brookfield Wealth Solutions Ltd., a provider of retirement services, wealth protection products and tailored capital solutions, has signed its first Japan-based reinsurance agreement with insurer, Dai-ichi Frontier Life. According to the agreement, Dai-ichi Frontier Life will reinsure liabilities to Brookfield Wealth Solutions’ US-based subsidiary, American National Insurance Company, on a flow ... Read the full article
Athene announces block reinsurance transaction with Japanese insurer Sony Life
29th September 2025
Athene, a retirement services company and subsidiary of Apollo Global Management, Inc., has announced that it will enter into a block reinsurance transaction with Japanese insurer Sony Life Insurance Co. Ltd. Under the agreement, Athene will reinsure an in-force block of U.S. dollar-denominated whole life insurance policies and will enter into ... Read the full article
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