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

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Topics

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