Catastrophe losses: Hannover Re recovered EUR59.9mn ($72mn) of divisional major Q1 disaster losses from retro partners, with all the claims connected to the Texas winter storm.
Hannover Re boosts nat-cat loss recoveries in Q1 after Texas storm
Hannover Re doubled its nat-cat recoveries from retro partners in the first quarter within its P&C re division after the Texas windstorms contributed to elevated non-Covid loss activity.
