Reinsurers in stand-off over 1.1 renewal demands
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Reinsurers in stand-off over 1.1 renewal demands

Rachel Dalton, 
Fiona Robertson
09 December 2021
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GERMANY-WEATHER-FLOODS-STORMS

The European property reinsurance renewal is set for a challenging final run as cedants and reinsurers continue a tense game of chicken over price increases and drastic programme restructures.

July flood event Bernd has been a major talking point during this renewal season, with reinsurers pointing to the $12bn event as an example of the scale of weather event now possible on the continent due to climate change.

The...

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Rachel Dalton
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Fiona Robertson
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