Baden Baden 2014 News

Hannover Re, the world’s third- largest reinsurer, expects more than 5 billion euros ($6.4 billion) in losses from two storms to sustain prices for coverage in Germany. “Heavy loss expenditures, especially in connection with the June storm Ela as well …

Swiss Re Ltd., the world’s second- largest reinsurer, said better models and oversight will prevent substantial losses as the industry struggles with a price slump. “Earnings in the reinsurance industry are under pressure and that won’t change unless we see …