Brief: Hannover Rueck Expects Further Improvements In Prices

Hannover Rueck SE

21/10/2024 06:34

Oct 21 (Reuters) - HANNOVER RUECK SE  HNRGn.DE :
    * EXPECTS FURTHER IMPROVEMENTS IN PRICES AS WELL AS TERMS
AND
CONDITIONS IN GERMANY AFTER LOSSES CAUSED BY SEVERE WEATHER
EVENTS
    * DEMAND FOR CYBER COVERS REMAINS STRONG
    * THORSTEN STEINMANN TO BECOME CEO OF E+S RÜCK ON JAN 1,
2025
    * E+S RÜCK EXPECTS THAT MOTOR INSURANCE, LARGEST LINE OF
PROPERTY
AND CASUALTY INSURANCE BY VOLUME, WILL LIKELY REMAIN IN DEFICIT
    * AS FOR NATURAL CATASTROPHE COVERS, CLAIMS TREND SEEN IN
PRIOR
YEARS HAS BEEN SUSTAINED

Source text for Eikon:  ID:nEQ8RHQTda 
Further company coverage:  HNRGn.DE 

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