Hannover Re to continue non-proportional shift
Rising risk-adjusted rates in US natural catastrophe and Japanese catastrophe programmes mean German reinsurance giant was able to 'build further on the significant improvements in prices and conditions achieved in the 1 January renewals', Jean-Jacques Henchoz says
Significant price increases obtained for excess-of-loss programmes at recent renewals means reinsurance giant will look to further reduce share of proportional business, chief executive says