Hannover Re pegs Turkey quake loss at €200m as Althoff highlights Q1 loss budget erosion

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Reinsurance News - Mar 09, 2023

German reinsurer Hannover Re expects a net loss of in the range of €200 million in the first quarter of 2023 as a result of the devastating earthquakes in Turkey and Syria, which together with losses from the severe weather in New Zealand, has eroded much of its major loss budget for the period. In...

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