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Hannover Re Combines Cyber, Digital Underwriting Expertise in New Reinsurance Unit

Mar 26 2024 // Hannover Re will combine its global business in the areas of cyber and digital, creating a new specialty reinsurance business unit, effective April 1, 2024. Hannover Re said the new business unit aims to enhance Hannover...

People Moves: Gallagher Re Names Flasinski as CEO of N. America, Succeeding Bradshaw; Hannover Re Taps Swiss Re’s Steinmann to Executive Board as Pickel Retires

Mar 19 2024 // This edition of International People Moves details appointments at Gallagher Re and Hannover Re. A summary of these new hires follows here. Gallagher Re Names Flasinski as CEO of N. America, Succeeding Bradshaw Global...

Hannover Re’s Germany Unit Expects Further Price Hikes at January Renewals

Oct 23 2023 // E+S Rückversicherung AG, the Hannover Re subsidiary responsible for the group’s German business, expects further price increases and improved conditions during the Jan. 1, 2024 reinsurance renewals. Natural...

Hannover Re Latest Company to Leave Net-Zero Insurance Alliance

Apr 19 2023 // German reinsurer Hannover Re on Wednesday became the third major company to leave a global climate alliance focused on reducing emissions that has faced growing political pressure in the United States. Hannover said in an...

Hannover Re Transfers Cyber Risks to Capital Markets via Proportional Reinsurance

Jan 24 2023 // Hannover Re has developed an additional retrocession tool that for the first time enables the capital markets to participate directly in coverage of its cyber risks through a quota share cession. Longstanding partner Stone...