German cedants up reinsurance buying: AM Best

Germany's biggest cedants increased the amount of reinsurance
they bought in 2015, as insurers took advantage of cheap
reinsurance prices to protect themselves from losses, according to
AM Best.
The rating agency reported today that Germany's 20 biggest
insurers bought 13.1 percent more non-life reinsurance in 2015 than
the year before.
However, the rate of increase was skewed by the four largest
cedants, Allianz, HDI Versicherung, Munich Re and Deutsche
Rückversicherung. Excluding these fo