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

Liz Bury
03 November 2022
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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,...

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News Results Hannover Re ILS Hurricane Catastrophe losses
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