Munich Re’s Q4 profit halved after wildfires The carrier said its P&C reinsurance major-loss expenditure for Q4 was EUR886mn, almost double that of the prior-year quarter.
Hannover aggregate a total loss for second year running The carrier renewed its retro contracts and expanded its K sidecar to $640mn for 2019.
Twelve focused on retro at 1/1 amid rate rises The manager said it also expected currently attractive cat bond opportunities to dissipate later in 2019.
Cat growth boosts Hannover Re’s January expansion The firm grew its treaty reinsurance book by 15 percent in the January renewals.
