Inflation and loss toll driving ‘significant’ rate rises in German reinsurance: E+S Rück
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Inflation and loss toll driving ‘significant’ rate rises in German reinsurance: E+S Rück

Samuel Casey
24 October 2022
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Berlin, Brandenburg Gate at Dusk. Image shot 08/2018. Exact date unknown.

The German reinsurance market is expected to secure “significant improvements” in risk-adjusted pricing in the current inflationary environment, and following a year of substantial claims activity, according to Hannover Re German subsidiary E+S Rück.

The reinsurer said that, in Germany, the insured losses in the first half of 2022 alone surpassed the multi-year average, driven by damaging winter storms Ylenia, Zeynep and Antonia.

The

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