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5 February 2026Reinsurance

Hannover Re ups book 3.3%, 1/1 in tougher than expected market

Hannover Re increased its January 1 treaty reinsurance book by 3.3% to €10.5 billion on a 3.2% risk-adjusted rate decline, compensating for price slippage with growth in the Americas and specialty classes. 

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Reinsurance
12 November 2026   Aon’s 3-5% treaty participation can go pinch somebody else on the follow side.
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12 November 2026   CFO Buchanan sees negotiations broadening even as capital weighs on pricing.
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12 November 2026   Also sees global specialty insurance CoR improvement by year-end.