Hannover Re: P&C re rate increases ‘unavoidable’ in 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Hannover Re: P&C re rate increases ‘unavoidable’ in 2022

hannover_re_2022_logo_germany.png

Hannover Re anticipates continued price hikes across P&C reinsurance during 2022, after Hurricane Ida, low-pressure area Bernd, lingering pandemic costs and rising inflation.

The carrier used a virtual Monte Carlo briefing this morning to set out its expectations for the coming renewal season, noting that, although it has secured rate increases at each round of renewals this year, further increases are needed.

In...

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article