Stronger dollar lifts EU reinsurers' US hurricane exposure

Euro-denominated reinsurers have increased their exposure to US
hurricane risks ahead of the Atlantic hurricane season because of a
stronger dollar and rising US premium levels, according to data
from Deutsche Bank.
Swiss Re has begun the 2017 Atlantic hurricane season with the
highest exposure among the European reinsurers at $5.1bn in
absolute numbers, followed by Munich Re on EUR4.4bn ($5.0bn), the
bank said.
The research note, published on 19 June, said those figures were
based on 2016 risk