Hannover Re secures 4.1% rate increase at 1.1
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Hannover Re secures 4.1% rate increase at 1.1

Rachel Dalton
03 February 2022
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Hannover Re achieved a 4.1% inflation- and risk-adjusted price increase at the 1 January treaty renewals, driven by European and North American cat losses during the year.

In an update on the 1 January renewal, the carrier also confirmed its guidance for 2022 with an expectation of net profit of EUR1.4bn-EUR1.5bn

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Rachel Dalton
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