Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

19 May 2012

Hannover Re overhauls K6 after heavy loss year

11 November 2011

German reinsurer Hannover Re is braced for a challenging retro renewal as it approaches capacity providers for at least EUR450mn of 2012 cover this month.

The reinsurer is approaching long-term retro partners for capacity on its EUR200mn whole account excess of loss (XoL) treaty and also for up to EUR250mn of quota share cover under a modified version of its collateralised K quota share.

Hannover Re is expecting to renew its XoL with up to EUR50mn less limit and has...

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