Swiss Re estimates demand for EUR2.5bn additional cat capacity in Germany alone
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Swiss Re estimates demand for EUR2.5bn additional cat capacity in Germany alone

Rachel Dalton
19 October 2022
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Swiss Re anticipates its German cedants alone will need to buy an additional EUR2.5bn ($2.8bn) in cat cover at the 1 January renewals as inflation drives up insured values.

Speaking at the carrier’s pre-Baden Baden press conference today, Frank Reichelt, head of Northern, Central and Eastern Europe, offered Germany as an example of the scale of additional demand for cat cover driven by inflation and increasing bearishness on...

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Topics

News Catastrophe losses Swiss Re Property
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Rachel Dalton
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