Hannover Re: Stable cat renewals ahead despite LA wildfires
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Hannover Re: Stable cat renewals ahead despite LA wildfires

The reinsurer anticipates downward rate pressure to continue over 2025.

By Rachel Dalton
March 13, 2025
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Hannover Re does not anticipate widespread property-cat price increases because of the ~$40bn Los Angeles wildfires and expects downward rate pressure on the 1 April Japanese renewals.

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Topics

News Reinsurers Property treaty Renewals UK and Europe Asia Pacific
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