Reinsurers sound bullish note for 1.1 on Bernd and climate change
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Reinsurers sound bullish note for 1.1 on Bernd and climate change

Rachel Dalton
25 October 2021
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GERMANY-WEATHER-FLOODS-STORMS
AFP via Getty Images

Reinsurance market sources are predicting increases of 5%-10% on clean European cat programmes and 20%-30% rate hikes on loss-hit covers, as reinsurers cite Bernd flooding as an indication of the increasing cost of climate change on the continent.

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Rachel Dalton
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