Hannover Re grows cat premium by 30% at 1.1
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Hannover Re grows cat premium by 30% at 1.1

Hannover Re logo Hanover Germany.jpg

Hannover Re has reported premium growth of 30% in property cat reinsurance alongside risk-adjusted price increases of 30% at the 1 January renewals.

The announcement comes after one of the toughest reinsurance renewals in living memory, in which reinsurers imposed a complete reset of pricing and structures.

Hannover

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