Hannover Re launches first sidecar, bulks up in retro via K-cessions

Hannover Re launched its long-awaited foray into sidecar ILS with a broad-based global property cat deal, then expanded volumes in its K-cession ILS programme as it upped its retro cover at a softened 1/1 renewal, the group’s chief of P&C reinsurance, Sven Althoff, has declared.

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Hannover Re launches first sidecar, bulks up in retro via K-cessions

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