Hannover Re boosts nat-cat loss recoveries in Q1 after Texas storm
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Hannover Re boosts nat-cat loss recoveries in Q1 after Texas storm

News: Winter Weather

Hannover Re doubled its nat-cat recoveries from retro partners in the first quarter within its P&C re division after the Texas windstorms contributed to elevated non-Covid loss activity.

Hannover Re Q1 key figures.jpg

Catastrophe losses: Hannover Re recovered EUR59.9mn ($72mn) of divisional major Q1 disaster losses from retro partners, with all the claims connected to the Texas winter storm.

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