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

Fiona Robertson,

03 November 2022

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

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Topics

News Results Retrocession Catastrophe losses Hannover Re Sidecars Property

Fiona Robertson

Editor-in-Chief

Rachel Dalton

Lead Reporter