Hannover Re cuts ceded losses 72% to EUR349mn in 2023
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Hannover Re cuts ceded losses 72% to EUR349mn in 2023

The reinsurer’s large losses were down 5% to EUR1.6bn for the year.

By Liz Bury
March 18, 2024
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Hannover Re has cut the losses it ceded to retro partners by 72% to EUR349mn ($380mn) for the full year 2023, down from EUR1.2bn

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