Hannover Re cuts retrocessional coverage in ‘challenging’ renewals

Hannover Re cuts retrocessional coverage in ‘challenging’ January renewals

Hannover Re reduced its retrocessional coverage during a "challenging" January renewals season, partially motivating the group's decision to increase its large loss budget for 2022, top officials said.

The rest of this article is locked for subscribers only. Please login to continue reading.

If you don't have a login, you will need to purchase a subscription to gain access to this article, including all our online content. Please use this link and follow the steps.

To request a FREE 2-week trial subscription, use the same link but select the 'trial' option in the dropdown box. NOTE - this can take up to 48hrs to be approved.

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

Hannover Re, Renewals, Retrocessional Coverage, Insurance, Reinsurance, Jean-Jacques Henchoz, Sven Althoff, Germany, Europe

More on this story

ILS market volume to top $100bn in 2022, says Hannover Re
21-02-2022

Hannover Re expects further reinsurance rate gains in April and July renewals
03-02-2022

Asia-Pacific key to Hannover Re’s growth objectives
17-11-2021

Big four reinsurers eye hardening market in 2022 as profits improve despite heavy nat cat
15-11-2021

Hannover Re cuts retrocessional coverage in ‘challenging’ January renewals

More on this story

Other related

More on this story

Sign up for the newsletter