Hannover Re to cede EUR230mn of LA wildfire losses to retro partners
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
  • Free trial
  • Log in
All Topics
Industry topics
Claims and losses
Catastrophe losses

Hannover Re to cede EUR230mn of LA wildfire losses to retro partners

Wildfire losses from fronting and ILS activities were EUR438mn.

By Abbie Day Liz Bury
May 13, 2025
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
hannover re logo 2024.png

Hannover Re will recover around EUR230mn ($248mn) of LA wildfire losses from retro partners, mostly from its K-Cession sidecar, CFO Christian Hermelingmeier has said on the firm’s Q1 analyst call.

This

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Catastrophe losses Retrocession Property treaty Sidecars UK and Europe North America Hannover Re
Gift this article