Printed from

Summer floods to drive up reinsurance rates

Posted On: Oct. 19, 2021 9:47 AM CST



German reinsurer Hannover Re SE’s subsidiary E+S Ruckversicherung AG predicts price hikes at the upcoming January reinsurance renewals in Germany following the severe floods of June and July that caused huge catastrophe losses, Artemis reported. E+S Ruckversicherung expects the property and casualty reinsurance line to see the largest increases.