Hannover negative watch blamed on retro and ILS strategy
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Hannover negative watch blamed on retro and ILS strategy

17 June 2009
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Standard & Poor's (S&P) has cited Hannover Re's retro strategy as a factor in deciding to downgrade the outlook to negative on the reinsurer's AA- credit and insurer financial strength ratings.

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Topics

Analysis Catastrophe bonds June 2009/1 ILS
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