Hannover Re dampens German nat cat rating expectations

Hannover Re has dampened expectations of a widespread and
significant uptick in catastrophe rates at the 1 January treaty
renewals, saying prices for German nat cat covers "should at
least remain stable".
Providing its commentary as part of this year's Baden-Baden
meeting, Hannover Re's German market subsidiary E+S Rück
stressed that rate increases were nonetheless anticipated for
loss-impacted programmes.
Looking beyond nat cat cover, the company was broadly positive
about the wider prospe