Hannover Re ceded EUR877mn of large losses for 2024
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Hannover Re ceded EUR877mn of large losses for 2024

The largest individual net loss at EUR230mn was caused by Hurricane Milton.

By Jai Singh
March 13, 2025
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Hannover Re has posted gross large losses of EUR2.5bn ($2.6bn) for the full year 2024, of which EUR877mn ($908mn), or 35%, was ceded to reinsurance partners.

The

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Topics

Catastrophe losses Hannover Re News Results Retrocession Property treaty Reinsurers ILS UK and Europe
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