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Germany-based E+S Rueckversicherung A.G., a subsidiary of Hannover Re S.E., has said that it expects increasing demand for reinsurance covers in the upcoming treaty renewals at Jan. 1, 2016, reported RTT News.
E+S said that the impending implementation of Solvency II should also generate positive stimuli.
Industrial fire insurance remains under pressure on higher number of mid-sized losses, said E+S.