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International

Property/casualty reinsurance rates unlikely to rise: Hannover Re

September 11, 2018 Reprints

Reinsurer Hannover Re S.E said that property/casualty reinsurance rates are unlikely to rise at January 2019 renewals amid excess capacity available from the insurance-linked securities market, Xprimm.com reported. Hannover Re said that increasing digitalization, demand for cyber insurance and opportunities in Asian markets are likely to drive global reinsurers' growth. Implementation of risk-based solvency regimes and higher capital requirements in several countries is also expected to drive demand for structured reinsurance, Hannover Re added.

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Property/casualty reinsurance rates unlikely to rise: Hannover Re

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