Hannover Re expects softer renewal pricing but sees room for selective growth
Hannover Re issued its market outlook at Monte Carlo on 7 September 2026. Outlook for January renewals The reinsurer expects slightly lower property-and-casualty prices, with broadly stable terms and conditions, for the 1 January 2027 renewals. Available industry capital and competition are increasing. At the same time, climate-related losses, claims inflation, geopolitical risk and growing insured asset values continue to affect the cost of providing cover. Where the pressure is concentrated Th
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