Hannover Re News
Hannover Re Latest Company to Leave Net-Zero Insurance Alliance
German reinsurer Hannover Re on Wednesday became the third major company to leave a global climate alliance focused on reducing emissions that has faced growing political ...
Hannover Re Transfers Cyber Risks to Capital Markets via Proportional Reinsurance
Hannover Re has developed an additional retrocession tool that for the first time enables the capital markets to participate directly in coverage of its cyber risks through a quota share cession. ...
Hannover Re Opens Access to InsurTech Innovation Platform, ‘hr | equarium’
Hannover Re has opened access to its innovation platform for all interested parties. Launched in 2019, hr | equarium connects insurance clients with InsurTech partners. The platform has been used on ...
Tech Bytes: New Partnerships at Duck Creek, InShare, Parametrix
Duck Creek Technologies, a global technology services provider for the property/casualty insurance industry, entered a strategic partnership with Hi Marley, a communications platform for carriers and ...
Climate Activists Take on Insurers With Sponges, Dustpans and Petitions
A prominent activist is calling on insurers like Swiss Re to explore suing major oil companies for climate-related damages, the latest volley in a years-long campaign that pits environmentalists ...
Major European Reinsurers Report Strong 2021 Earnings to Date, Despite High Catastrophe Losses
All four major European reinsurers reported a strong improvement in earnings for the nine months, compared to the same period last year, according to a report from Fitch Ratings. Sharply lower ...
Hannover Re Sells Stake in Joint Venture to Refocus as Pure Reinsurer
Hannover Re is selling its 49.8% stake in the joint venture HDI Global Specialty SE to the majority shareholder HDI Global SE, effective Dec. 31, 2021. HDI Global SE will then hold 100% of the ...
Aon Cell Company + 8 Reinsurers Back Lloyd’s Central Fund; $900M Cover
Late last week, Lloyd's announced that the marketplace has secured a five-year £650 million (roughly $900 million) reinsurance cover for its Central Fund—a move should protect against severe tail ...