Hannover Rück sees stable Prize in Erneuerungsrunde on January 1 | 09.09.24

FRANKFURT (Dow Jones) — The Hannover Rück was released on January 1, 2025, and a balanced analysis of offer and demand in most markets has been conducted. The prices and conditions are in the damage-back insurance on the “maintained stable level” in motion, while the Group meets the back insurance meetings in Monte Carlo with. There are a number of first-year markets that illuminate the German experience of the past.

Das Ratenlevel müsse “adäquat bleiben”, says Hannover-Rück chef Jean-Jacques Henchoz. “The aspects of the damage are more likely to be affected by the consequences of the impact of the damage, for the protection of the branches, and the loss of security protection is unverifiable.”

As “one of the greatest Herausforderungen unserer Zeit” Sven Althoff bezeichnete the Klimawandel. “Those young years and heat waves are a thing of the past, that’s the extreme weather we will have to carry out,” he said. “Gleichzeitig was happy with the increasing damage due to the damage, especially in Schwellenländern.”

In Europe you see the Hannover back with a view of the renewal round for January 2025 before the background a tendency soul-searching of extreme wet conditions no space for lower prices. In North America the question remains after insurance products at a higher level. The price you can expect on the back side of the road is that the extremely wet roads go to higher versions.

In late America, most of the damage in the two major markets – Mexico and Brazil – is a rising concern and spread by rate increases. For Asia-Pacific, it is possible to buy more markets, as the first refresh takes place, your choice becomes larger, one of the most common costs for solving the costs.

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(END) Dow Jones Newswires

September 9, 2024 02:27 ET (06:27 GMT)