Hannover Re ceded EUR242mn of 2023 large losses YTD

09 November 2023

Hannover Re has ceded EUR242mn ($259mn) of losses to retro partners in the nine-month period to 30 September, amounting to 17% of the firm’s total large loss tally of EUR1.446mn.

The ceded loss number was higher by 32% compared to EUR183mn of losses ceded as of the same point last year, adding 5.8

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Liz Bury

Editor