For this week’s reinsurance meeting in Baden-Baden, property underwriters for Ariel Re are upbeat about continued hard market pricing.
The reinsurance broker used its symposium at the start of the Baden Baden meeting to discuss alternative reinsurance structures for meeting capacity needs and the inflow of new capital.
High inflation and claims expenditure on lines from motor insurance to property catastrophe events mean German reinsurance rates will rise, Hannover Re warned.