Deutsche Rück CEE market head sees 1/1 opportunities

“We have one of the most interesting situations I’ve seen for years and that’s good motivation for the coming renewal,” Klaus-Gregor Hahn (pictured), market head Austria/Central and Eastern Europe (CEE) at  Deutsche Rück, told Intelligent Insurer as he discussed the 1/1 2024 renewal, the ongoing hard market and the German reinsurer’s recent performance and expansion plans.

Premiums have reached a level that was driven by inflationary development in the lines of business covered by Deutsche Rück, which is mostly property & casualty, Hahn says.