Hannover Re says its small Ukraine exposure would be covered by retro support
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Hannover Re says its small Ukraine exposure would be covered by retro support

Hannover Re logo Hanover Germany.jpg

Hannover Re said that its retro programmes should respond to aviation and marine risks it is exposed to as a result of the conflict in Ukraine.

In its earnings call earlier today, the company said it was “too early” to determine losses from the war, although board member Sven Althoff said its reinsurance exposure in Russia and Ukraine was "relatively small” and “not very material”.

The...

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