All Hannover Re articles – Page 2
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NewsBaden Baden: Cedants demand extra €1 billion in limit - Hannover Re
Inflation, losses and demand for additional nat cat capacity in the German market alone will see rates rise substantially
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NewsBaden Baden: Demand for reinsurance has never been stronger
The industry must rise to the challenges of our age, said industry leaders at the Baden Baden Reinsurance Symposium
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NewsReinsurance pricing correction ‘unavoidable’ - Hannover Re
Large loss trend, pandemic and rising inflation require further improvements in prices and conditions, insists reinsurer
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NewsInvestment losses, nat cats and Ukraine dent 1H22 results
There was a strong year-on-year decline in profitability in 1H22 for the four main European reinsurers, reports Fitch
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NewsClaims inflation could offset premium gains - Moody’s
The four largest European reinsurers reported a 47% decline in combined net profits for the first half of 2022
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NewsHannover Re reports combined ratio of 99% in H1
The reinsurer is maintaining its profit guidance after generating group net income of €649 million in the first six months
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NewsSCOR announces oil underwriting restrictions
The French reinsurer will cease providing cover for new oil field production projects from 2023
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NewsHannover Re reveals ‘higher than expected’ losses in Q1
The reinsurer’s combined ratio in property and casualty reinsurance increased to 99.5%
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NewsHannover Re makes insurtech innovation platform hr | equarium openly accessible
hr | equarium has so far been used on a regular basis by more than 700 clients of Hannover Re from over 100 countries
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NewsHannover Re Q3 GWP 14% Combined Ratio 97.9%
Hannover Re increased its Group net income in the first nine months of the financial year by 28% and considers itself still in position to achieve the profit target set for the current financial year despite considerable major loss expenditure incurred in the third quarter.
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NewsHannover Re commits to net zero targets in reinsurance, investments and business operations
Hannover Re’s recent move to join the United Nations-convened Net-Zero Insurance Alliance underscores its Group-wide sustainability engagement.
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NewsOutlook for 2021: Hannover Re confirms all full-year guidance after successful first half-year
Hannover Re substantially increased its Group net income in the first half of 2021 and considers itself well on track to achieve the targets set for the current financial year. At the same time, gross premiums saw further double-digit growth. “We achieved a thoroughly satisfactory half-year result that is ...
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NewsHannover Re Q1 GWP up 16.8%
Hannover Re again posted double-digit growth in premium income in the first quarter and at the same time delivered modestly improved Group net income.
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NewsHannover Re expects Group net income of more than EUR 800 million for the 2020 financial year
The company increased its reserves for Covid-19-related losses in property and casualty reinsurance by EUR 100 million to a total amount of EUR 700 million as at the end of September. In life and health reinsurance the burden from Covid-19 currently stands at EUR 160 million.
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People & OpinionHannover Re US and Somerset Re Announce CEO Transition
Somerset Reinsurance Ltd. (Somerset Re) today reports that Patrick Kelleher, the firm’s founding CEO, has announced his retirement, effective December 31, 2020. Jeff Burt, currently President of Hannover Life Reassurance Company of America (Hannover Re US), a member of Hannover Re Group, and Chairman of Somerset Re, will assume the ...
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Online onlyTalanx generates record results of EUR 923 million in 2019
The parent company of Hannover Re, Talanx group, has reported a 31 percent climb in net income with all four divisions reporting increased earnings with Industrial Lines improving by a substantial amount.
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