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

23 February 2012

Hannover Re passes retro renewal test

25 January 2012

After a tough year for its retrocessionaires, German reinsurer Hannover Re has renewed its protection for 2012, albeit on stricter terms than last year, Trading Risk can reveal.

The firm bought $350mn of quota share cover under its K cession - up from $329mn in 2011 - and renewed its whole account excess of loss (WA XoL) programme at more penal terms.

Speaking to this publication in January, Hannover Re's director of group protections, Trevor Bolt said that the firm...

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