Hannover Re ceded EUR128.2mn of large losses to retro partners in H1
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Hannover Re ceded EUR128.2mn of large losses to retro partners in H1

Liz Bury
10 August 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Hannover Re logo finance covid.jpg

Hannover Re’s P&C business took gross large losses of EUR735.1mn ($806.7mn), of which EUR128.2mn, or 17%, were ceded to retro partners, in the first half of the year.

This was up from EUR120.6mn, or 12% of large losses ceded, in H1 2022.

The EUR607mn of large losses kept net by Hannover Re came within the firm’s first-half budget of EUR751mn.

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
Request a free trial Already a subscriber? Login now

Topics

NewsHannover ReResults
Headshot template (new) (1).png
Liz Bury
Editor
Contact
Gift this article