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International

Longevity reinsurance market more competitive: Hannover Re

March 17, 2015 Reprints

The reinsurance market worldwide is becoming more and more drawn to longevity risks, bringing about greater competition for each longevity reinsurance transaction, reported Artemis.bm.

The "market has become a little bit more competitive because most of the reinsurers are competing for that business now," Hannover Re S.E. CEO Ulrich Wallin said.

"We take a rather conservative stance, looking for the right deals and not for the volume," added Mr. Wallin.

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Longevity reinsurance market more competitive: Hannover Re

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