Hannover cedes EUR121mn large losses to retro partners in H1 as P&C top line grows
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Hannover cedes EUR121mn large losses to retro partners in H1 as P&C top line grows

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Hannover Re ceded EUR121mn ($123mn) of large losses to its retro partners in H1, or 12% of gross large losses which hit EUR971mn.

The ceded loss figure was up by 27% compared to EUR95mn in H1 2021, although Hannover Re has kept more of this year’s higher loss tally net.

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