Hannover Re ups treaty 7.6% at 1.1; adds nat cat, holds US liability

Hannover Re increased its January 1 treaty reinsurance book by 7.6% to €11.04 billion on a 2.1% risk-adjusted rate decline, compensating for price slippage with growth in the Americas, global nat cat, US insurtechs and even stability in the much-maligned US liability market.