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on Hannover Rück SE (ETR:HNR1)

E+S Rück Predicts Stable 2026 Market with Growing Reinsurance Demand

Stock price chart of Hannover Rück SE (EBR:HNR1) showing fluctuations.

Hannover Re's subsidiary, E+S Rück, foresees a stable market in Germany for 2026, with increasing demand for reinsurance protection. Despite signs of a softening property and casualty market, E+S Rück aims for growth during the 1 January renewals. Their robust capital and enduring partnerships are seen as drivers for future profitability.

Motor insurance in Germany has shown recovery after tariff adjustments and reduced natural perils claims in 2025. Yet, claims inflation surpasses general inflation, necessitating further rate hikes. The property line has a softening price trend, with fewer large fire losses. Demand for natural catastrophe coverage continues to rise moderately.

The specialties, like marine and aviation, are experiencing geopolitical impacts. However, cyber insurance demand is growing. E+S Rück, together with Hannover Re, offers innovative solutions in reinsurance and maintains a strong market position globally.

R. P.

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