Irrespective of lower claims experience over the last year in natural catastrophe reinsurance business, Hannover Re’s German subsidiary E+S Rückversicherung AG has said that it expects demand for property catastrophe reinsurance will continue to rise, while insurance-linked securities (ILS) business is also seen as an area of opportunity for the group.Hannover Re’s German subsidiary times its commentary with this year’s Baden-Baden reinsurance meetings in the country, and highlights that while demand for high-quality reinsurance protection has continued to grow the company believes its remains crucial that “prices as well as terms and conditions adequately reflect the risks.” “Our clients know: We are always at their side as a reliable and consistent partner – even when the market environment is challenging,” explained Thorsten Steinmann, Chief Executive Officer of E+S Rück.“Our strong and enduring business relationships coupled with our robust capital base will enable us to generate further profitable growth – together with our clients.Thanks to our business model as a pure-play reinsurer, we offer the entire spectrum of reinsurance coverage and are keen to explore innovative reinsurance concepts, including for example structured solutions for capital management.” While natural catastrophe reinsurance demand is forecast to keep rising, the reinsurer also sees softening, especially in property lines for commercial and industrial clients.

While catastrophe claims have been more manageable in 2025, the reinsurer sees uncertainty and volatility in geopolitics, claims inflation and extreme weather events caused by climate change.“Against this backdrop, it remains crucial for E+S Rück that prices as well as terms and conditions adequately reflect the risks in order to offer stable reinsurance protection over the long term,” E+S Rück said.At the January 2026 reinsurance renewals, the company is anticipating further growth, in the back of expanding its premium base this year.

E+S Rück also forecasts a “stable market environment” for the 1/1 2026 renewal season.While opportunity still presents itself in property catastrophe reinsurance business, the company points out that “prudent underwriting and risk-adequate prices nevertheless remain indispensable – irrespective of the claims experience over the remainder of the financial year.” “Looking ahead to the coming year, E+S Rück expects its business to see a continued increase in demand overall for natural catastrophe covers,” the reinsurer said.For E+S Rück and the Hannover Re group, delivering innovative solutions is seen as a complement to its traditional reinsurance offerings, with the reinsurers role in insurance-linked securities (ILS) highlighted and seen as an ongoing opportunity.

“Complementing these capabilities, the company offers coverage concepts geared towards the capital market in the insurance-linked securities (ILS) sector,” the reinsurer said, with this seen as one way to offer clients a broader range of protection options and capital sources..All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance can be accessed online.Our can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.