Hannover Re refocuses as ‘pure reinsurer’ as it sells 49.8% stake in HDI

11-11-2021

Hannover Re refocuses as ‘pure reinsurer’ as it sells 49.8% stake in HDI

Hannover Re wants to refocus on positioning itself as a “pure reinsurer” by selling its stake in HDI’s speciality business. The strategic move aims to free up committed risk capital to target profitable growth in an “improved” market environment. For HDI, this would mean more ‘flexibility to decide on potential M&A projects’.


Hannover Re, HDI Global, Stake Sale, Specialty, M&A, Insurance, Reinsurance, Jean-Jacques Henchoz, Edgar Puls, Germany, Europe

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