Hannover Re E+S expects ‘markedly’ higher reinsurance prices in Germany

18-10-2021

Hannover Re E+S expects ‘markedly’ higher reinsurance prices in Germany

Analysts at German reinsurer Hannover Re anticipate prices to go up, especially for catastrophe covers, following this summer's devastating flood losses. Accumulation of large losses from natural perils and the pandemic combined will drag on profitability caused by low interest rates and inflation, and will likely prompt many insurers to further expand their reinsurance coverage.


Hannover Re, E+S Rück, Analysis, Floods, COVID-19, Catastrophe, Insurance, Reinsurance, Michael Pickel, Germany

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