Hannover Re expects to pass ~EUR124mn of Ian losses to retro programme
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Hannover Re expects to pass ~EUR124mn of Ian losses to retro programme

hannover-re-hq-entrance.jpg

Hannover Re said that it expected its gross Ian losses to be slightly below EUR400mn ($390mn), implying that it will recover around EUR124mn from its retro programme on the disaster.

The carrier provided the extra detail on its Q3 earnings call, after reporting a drop in retro recoveries for major losses in the year-to-date.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article