Hannover Re retro programme shrinks by 18% to EUR1.1bn for 2024
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Hannover Re retro programme shrinks by 18% to EUR1.1bn for 2024

The reinsurer said retro pricing had ‘moved slightly in our favour’ at 1 January.

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Hannover Re said it reduced retro coverage by 18% to EUR1.1bn ($1.2bn) for 2024, down from EUR1.34bn in 2023, including slightly shrinking its K-Cession deal and cat swaps.

The

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