Low interest rates will drive longer hard market: Hannover Re’s Pickel

16-09-2020

Low interest rates will drive longer hard market: Hannover Re’s Pickel

This hard market cycle may be elongated compared with previous upturns in pricing due to historically very low interest rates, according to Michael Pickel, member of the executive board, property/casualty at Hannover Re, when he spoke to Monte Carlo Today.


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