Hannover Re trims K-Cession sidecar to $735mn for 2025
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Hannover Re trims K-Cession sidecar to $735mn for 2025

The reinsurer has cut the cession rate to 33% from 40% last year.

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Hannover Re “could have placed more” in its K-Cession sidecar for 2025 but opted to cut its size by around 3% in dollar terms to EUR685.8mn

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