Profits shrink at Hannover Re as COVID-19 dents P&C result; major losses top €1.1bn
04-11-2020
Hannover Re’s E+S Rück sees improved conditions for P&C reinsurance in 2021
19-10-2020
Sven Althoff, member of the executive board, Hannover Re
The uncertainty generated by COVID-19 has triggered a flight to quality towards larger, financially stronger reinsurers by Asia cedants, a phenomenon that is itself an exaggeration of a longer-term trend in cedants’ buying habits.
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Hannover Re, SIRC, Insurance, Reinsurance, COVID-19, Sven Althoff, Asia-Pacific
