Articles

Insurance

Low interest rates will drive longer hard market: Hannover Re’s Pickel

But he doesn’t believe there will be a capacity crunch.   16 September 2020

Insurance

Hannover Re’s Henchoz says reinsurer ‘on track’ to hit €1.1bn income targets in Q2 and H1 2019 results

Hannover Re results for the second quarter and first half of 2019 show reinsurer is “well on track” to hit group net income targets of €1.1 billion for the full year, said chief executive Jean-Jacques Henchoz.   8 August 2019

Insurance

PartnerRe taps Hannover Re EVP for US life business

Bermuda-based PartnerRe has appointed Hannover Re's Chris Shanahan as executive vice president, corporate development, US life.   16 April 2018

Insurance

Investors including Hannover Re invest as Somerset Re raises $375m

Bermuda-based Somerset Reinsurance has increased its common share capitalization to $375 million having secured investments from three strategic investors including Hannover Re and a diverse group of high net worth investors.   21 October 2016

Insurance

Hannover Re’s Pickel sees cyber risks as biggest challenge for reinsurers; with climate change, nanotech and superbugs also on the radar

One of the reinsurance industry’s biggest areas of focus continues to be cyber risk, said Michael Pickel, chief executive officer of Hannover Re’s German subsidiary E+S Rückversicherung, and member of the executive board at Hannover Re.   21 October 2019

Insurance

Hannover Re parent Talanx boosts insurtech capabilities in digitisation push

Talanx is investing in and cooperating with start-ups in order to drive digitisation and enable profitable growth.   20 June 2017

Insurance

Hannover Re, Everest Re, Munich Re back National General Holdings

Personal lines insurer National General Holdings has entered into separate two-year quota share reinsurance agreements covering its auto and homeowners lines of business with a group of what it called highly rated third-party reinsurance providers.   14 July 2017

Insurance

Europe floods create doubt for reinsurers; analysts eye share prices of Munich/Hannover/SCOR

The highest portion of anticipated insured losses from the event is expected in Germany.   20 July 2021

Insurance

Generali to sell German life unit to Cinven, Hannover Re-owned Viridium

Italian insurer Generali has agreed to sell 89.9 percent of life insurer Generali Leben in Germany to Viridium Gruppe, which is owned by London-based private equity firm Cinven and German reinsurer Hannover Re.   5 July 2018

News

Hannover Re profits increase boosted by strong P/C reinsurance

Hannover Re, the third-largest reinsurer in the world, has reported an increase in its net income for the first quarter of the year. The company made €271.2 million, compared with €240.7 million in the first quarter of last year.   10 May 2016

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