Hannover Re retro recoveries drop, but Ian ILS loss yet to be detailed
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Hannover Re retro recoveries drop, but Ian ILS loss yet to be detailed

hannover_re_bermuda_logo_2021.png

Hannover Re ceded EUR183mn ($178mn) of large losses to its retro partners in the nine months to end of September, tumbling from EUR785mn in the same period last year.

The group’s cession ratio dropped to 11%, from 42% last time.

Retro recoveries: Hannover Re kept most of its Q3 cat losses net, but noted that the EUR276mn loss reported for Hurricane Ian related only to its own estimated claims,...

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article