Hannover Re
Hannover Re admits interest in Aegon unit
German reinsurer Hannover Re has expressed a slight interest in a potential acquisition of the reinsurance business of Dutch insurer Aegon, a spokeswoman for Hannover Re told news agency DPA-AFX.
Reduced US collateral requirements to benefit reinsurers – Moody’s
While most counterparty security procedures are getting stricter, global reinsurers are poised to benefit from reduced collateral requirements, which will be credit positive for their bondholders, according to the ratings agency.
Hannover Re non-life book hit by major losses
Hannover Re has reported what it described as "vigorous premium growth" in the first quarter of 2010.
Deepwater Horizon oil rig continues leaking oil as claims rise
Owner BP expects its self-insurance and captive insurance to cover costs associated with a massive clean-up effort, which has been said to be costing $6m a day.
Congregational launches subsidiary MGA
Congregational & General Insurance is set to launch a subsidiary MGA named Integra Insurance Solutions, generating £9m of extra homeowners income, according to the firm.
C&G subsidiary launch
Congregational & General Insurance is set to launch a subsidiary MGA named Integra Insurance Solutions, generating £9m of extra homeowners income, according to the firm.
Hannover Re expects large claim from Gulf of Mexico rig fire
Hannover Re, one of the world's five largest reinsurers, has said it expects a "large claim" from the off-shore oil rig in the Gulf of Mexico that caught fire last Tuesday and sunk two days later, according to the Wall Street Journal.
Hannover Life Re expands mortality team
The life and health reinsurance arm of European giant Hannover Re, has added three new hires to its US mortality solutions team.
Hannover Re posts substantial profit growth
Hannover Re closed 2009 by generating an operating profit in excess of one billion euros for the first time.
New US sanctions on Iran put the industry on high alert
The US bill to expand the Iran Sanctions Act is being watched keenly by the (re)insurance world, reports Katherine Blackler
Interview: Ulrich Wallin, Hannover Re - German ambition
Since taking the reins at Hannover Re from Wilhelm Zeller in June last year, Ulrich Wallin has helped the German reinsurer grow both organically and through acquisition. He tells Katherine Blackler about his career, predictions for 2010 and plans for…
Hannover Re secures $500m letter of credit
Hannover Re has concluded a long-term letter of credit facility with Deutsche Bank to facilitate “growth opportunities.”
Deutsche Bank to take on £3bn BMW longevity risks
Deutsche Bank is to take over the longevity risks of nearly £3bn of pension liabilities from BMW’s UK scheme in what will be the largest deal ever done in corporate longevity insurance in the UK.
Allianz will not renew business in Iran
Hannover Re also says that it conducts reinsurance treaty business in the region but will only continue to do so if it complies strictly with United Nations and European Union sanctions
Hannover Re and Swiss Re shares in market sell-off
Shares in Hannover Re and Swiss Re were battered in trading on Tuesday on continuing capital concerns.
Haiti disaster costs mount
More than 180,000 people are feared dead after a massive earthquake struck the Caribbean island of Haiti last month to the South-west of the capital, Port-au-Prince.
Admiral and Hannover Re strengthen ties as part of new reinsurance deals
Group CEO Engelhardt unveils contracts covering UK, Europe and the US
Haiti to cost Hannover €20m
Hannover Re expects €20m burden from Haiti earthquake.
Hannover Re to expand trade-credit and surety unit
Hannover Re is forecasting higher premiums and profit at its trade-credit and surety unit next year as the market rebounds from claims related to the global economic slump.
Swiss Re says no 'significant' exposures to Dubai crisis
Swiss reinsurance giant says not badly exposed to collapse of Dubai World.
BTA collapse may cost market up to $500m - sources
Collapse of Kazhakstan bank could cost the market losses of $500m, sources have told Reinsurance.
Hannover Re earnings jump
German reinsurer's third quarter profits follows trend of the rest of the market and gives a confident outlook.
Hannover Re upbeat about German market
Hannover Re's German reinsurance business E+S Ruck believes the market is predominately favourable and that renewals in the new year will be stable.