Search Results

Hannover, Germany-based Hannover Re released a buoyant report today saying Jan. 1 non-life reinsurance renewal volume was nearly 5 percent and it expects 17 premium volume for all lines in the year

However, the reinsurer advised that its long-term financial strength remains "robust" despite the fall in profits and noted that Standard & Poor's had confirmed its "double-A-minus" rating wit

Group net income for the quarter fell 40.5 percent to EUR100.8 million ($154.7 million) from EUR169.4 million ($260 million--a decrease of EUR68.6 million ($105.3 million). For the half-year group net was do

Reinsurance recoverables, which are essentially the outstanding claims held by insurers against their reinsurers--or in this case, by reinsurer Hannover Re against its retrocessionaires--have been a sub

Hannover Re said it has established Hannover ReTakaful, B.S.C., in Manama, Bahrain, a wholly-owned subsidiary, for worldwide underwriting of retakaful reinsurance business written in conformity with I

Hannover Re said it has established Hannover ReTakaful, B.S.C., in Manama, Bahrain, a wholly-owned subsidiary, for worldwide underwriting of retakaful reinsurance business written in conformity with I

Chief executive officer Wilhelm Zeller said the company's diversity helped stem a larger loss. "The fact we were able to close this year without a depletion of capital - unlike most of our competitors

Although the company scaled back its writing of risks in particularly loss-prone segments--notably by as much as 22 percent for U.S. windstorm business--gross premium income for the entire property and