Articles

Insurance

The Hanover profit plummets 71%, combined ratio soars as cat losses bite

The insurer’s CEO is ‘very pleased’ with growth and says the underlying loss performance was in line with its expectations.   28 October 2021

News

Munich Re, Hannover Re go for lower margin risk than SCOR

Munich Re and Hannover Re have embraced low margin, low volatility growth with a low Solvency II capital cost in 2018, while peers such as SCOR steer clear due to the high S&P rating capital cost, according to Jefferies analysts.   27 September 2018

Insurance

Expect a delayed renewal, says E&S

Cautious cedant confidence at Monte Carlo has been replaced by overt caution at Baden-Baden.   25 October 2022

Insurance

Hannover Re, MS&AD-backed finleap raises €41.5m from Ping An

Berlin-based finleap, a company builder specialising in fintech, has raised €41.5 million in a new funding led by Chinese insurer Ping An‘s Global Voyager Fund.   19 November 2018

Insurance

COVID-19 uncertainty triggers a flight to quality by cedants in Asia

Hannover Re sees potential for growth in Asia as insurers seek large, stable, reinsurers to work with.   4 November 2020

Insurance

Hannover Re unit placed ‘under review with negative implications’ by AM Best

AM Best has placed under review with negative implications the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa” of International Insurance Company of Hannover SE (Inter Hannover) (Germany), a wholly owned subsidiary of Hannover Re.   24 May 2018

Insurance

Hannover Re looks for 40-50% cat rate increases in Florida

Hannover Re is expecting significant property/casualty (P&C) rate increases, particularly in the regions affected by recent hurricanes in North America, but also elsewhere in the upcoming renewals.   20 October 2017

Insurance

UK's Saga strikes reinsurance deal with Hannover Re

Saga, a UK-based specialist insurer for life after 50, has entered into a new quota share arrangement with German insurer Hannover Re as well as with its current reinsurance partner NewRe, part of the Munich Re Group.   12 February 2018

Insurance

Hannover Re expects €800m profit in 2017 despite nat cat losses: CFO

Hannover Re expects a net profit of €800 million for the full year of 2017 after the reinsurer sells off its listed equity portfolio, despite nat cat losses exceeding its large loss budget.   8 November 2017

Insurance

Demand for high quality reinsurers is on the rise: Henchoz

Hannover Re expects significant price increases in property and casualty reinsurance.   16 September 2020

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.