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
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