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

24 February 2018

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Hannover Re took EUR350mn fronted losses in Q3

13 November 2017

Hannover Re said that more than EUR350mn of losses it reported in the third quarter was taken in the form of risk fronted for ILS managers.

Meanwhile, a new multi-territory, multi-peril EUR100mn aggregate cover it placed this year was totalled by this year's loss activity.

CFO Roland Vogel said on an earnings call that while the firm's gross losses and retro recoveries from the heavy catastrophe years of 2011 and 2017 appeared to have a similar net impact on the...

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