Hannover Re increases ceded large losses by 66% to EUR93mn in Q1

11 May 2023

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Hannover Re ceded EUR93mn ($101mn) of large losses to its retro partners in Q1, a rise of 66% compared with EUR56mn reported in Q1 last year.

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Hannover Re increases ceded large losses by 66% to EUR93mn in Q1

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Hannover Re increases ceded large losses by 66% to EUR93mn in Q1

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Fuel a smarter strategy with our actionable market intelligence

Topics

PCS puts second Hurricane Milton insured loss at $15bn

Fidelis seeking $300mn of named storm and quake coverage

US carriers target cat bond market as deal multiples hold up

Oak Re secures Bain Capital as minority backer ahead of 1.1 launch

ILS market sizing Hurricane Milton losses at around $20bn