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Nothing Unexpected in Conversations Around Price and T&Cs Ahead of Renewals: Hannover Re's Steinmann
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2 Articles
Nothing unexpected in conversations around price and T&Cs ahead of renewals: Hannover Re's Steinmann
Thorsten Steinmann, CEO of E+S Rück and Member of the Executive Board for Hannover Re, said today that with many reinsurers achieving a return on equity (ROE) of more than 20%, it’s normal to have conversations around price and terms and conditions (T&Cs). This afternoon, E+S Rück, the reinsurer for the German market within the Hannover Re Group, held a briefing during which executives explored current market trends in Germany from natural catas…
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