With balanced supply and demand, the reinsurer forecasts steady conditions
In recent insights, Hannover Re said that it expects stable prices and conditions for property and casualty reinsurance treaty renewals on Jan. 1, 2025. The reinsurer forecasts a balance between supply and demand across most markets.
In 2024, treaty renewals saw improvements in pricing and conditions in some areas, while others remained stable compared to the previous year. Hannover Re used the favorable market environment to grow its portfolio with existing clients and secure new