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Hannover Re

Hannover Re
Company nameHannover Rückversicherung AG
Company typeAktiengesellschaft (FWB - HNR1)
IndustryFinancial services
Founded1966
HeadquartersHannover, Germany
Key peopleUlrich Wallin (CEO and Chairman of the executive board), Herbert K. Haas (Chairman of the supervisory board)
ProductsReinsurance
Operating income(+) -1.140 billion (2009)
Net income(+) -731.2 million (2009)
Total assets-42.26 billion (2009)
Employees2,069 (2009)

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Hannover Re (in German Hannover Rückversicherung AG), with a gross premium of around -10 billion, is one of the leading reinsurance groups in the world. Its headquarters are in Hannover, Germany.

The company was founded in 1966 under the name Aktiengesellschaft für Transport und Rückversicherung (ATR).

Hannover Re transacts all lines of non-life and life and health reinsurance. It maintains business relations with more than 5,000 insurance companies in about 150 countries. Its worldwide network consists of more than 100 subsidiaries, branch and representative offices on all five continents with a total staff of roughly 2,100.

The rating agencies most relevant to the insurance industry have awarded Hannover Re very strong insurer financial strength ratings (Standard & Poor's AA- "Very Strong" and A.M. Best A "Excellent").

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Enstar Group set to top $10 billion in acquired assets - Royal Gazette Tweet this news
Royal Gazette--Last December, Enstar agreed to pay $200 million for Clarendon, a US specialty insurance unit that was part of the -Hannover Re- group. It was the biggest deal the company had done since the financial crisis and was financed by a bank loan - Date : Tue, 01 Feb 2011 20:21:26 GMT+00:00
Australian Flood Losses Nick Reinsurers' Earnings - Voxy Tweet this news
Voxy--As the exhibit attached shows, some of the largest loss estimates to date from the Australian floods have been posted by large, globally diversified reinsurers including Munich Re (financial strength Aa3 stable), -Hannover Re- (unrated), ... - Date : Mon, 14 Feb 2011 19:29:53 GMT+00:00
EU gives insurers leeway on timing of capital rules - Reuters Tweet this news
Reuters--VX) and -Hannover Re- (HNRGn.DE), hope that the new rules will boost demand among their insurance company clients, who can use reinsurance to lighten the ... - Date : Wed, 19 Jan 2011 17:25:13 GMT+00:00
EUROPEAN STOCKS 2: Banking shares are generally higher. - Automated Trader Tweet this news
Automated Trader--German re-insurer Munich Re is up 1.2% after its competitor -Hannover Re- confirmed its profit outlook after announcing that it agreed better than expected ... - Date : Wed, 02 Feb 2011 09:44:25 GMT+00:00
Hannover Re offshore energy rates up 20% at renewal - The Insurance Insider (subscription) Tweet this news
The Insurance Insider (subscription)--Rates for treaties covering offshore energy risks rose by 20 percent at the 1 January renewals, according to reinsurer -Hannover Re-. ... - Date : Mon, 07 Feb 2011 18:34:03 GMT+00:00
Energy, car insurance help Hannover Re buck trend - Reuters UK Tweet this news
Reuters UK--FRANKFURT, Jan 19 (Reuters) - -Hannover Re- (HNRGn.DE) bucked the trend of falling reinsurance prices at the start of the ... - Date : Wed, 19 Jan 2011 13:09:20 GMT+00:00
UPDATE 1-Hannover Re bucks softer market, keeps 2010/11 goal - Reuters Tweet this news
Reuters--FRANKFURT, Feb 2 (Reuters) - -Hannover Re- (HNRGn.DE) on Wednesday stuck to its goal of earning about 650 million euros ($908 million) in ... - Date : Wed, 02 Feb 2011 08:31:52 GMT+00:00
Reinsurers Signal More Positive Sentiment Toward Stocks - Wall Street Journal Tweet this news
Wall Street Journal--He said the current and the targeted levels will ensure "that Munich Re will be able to meet capital requirements at any point in time." -Hannover Re- ... - Date : Thu, 03 Feb 2011 15:11:30 GMT+00:00
CORRECTED-Hannover Re CEO says mkt view on 2011 div 'not bad' - Reuters Tweet this news
Reuters--We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, ... - Date : Wed, 02 Feb 2011 17:02:36 GMT+00:00
Hannover's K6 to pay out on Australian flood losses - The Insurance Insider (subscription) Tweet this news
The Insurance Insider (subscription)---Hannover Re- is likely to seek around EUR50mn in losses arising from the recent Australian flooding from investors in the firm's $329mn catastrophe retro ... - Date : Wed, 02 Feb 2011 12:19:54 GMT+00:00

DE MDAX companies of Germany

Aareal Bank * Aurubis * Bauer Group * BayWa * Bilfinger Berger * Brenntag * Celesio * Continental * Demag Cranes * Deutsche EuroShop * Deutsche Postbank * Douglas Holding * EADS N.V. * ElringKlinger * Fielmann * Fraport * Fuchs Petrolub * GAGFAH * GEA Group * Gerresheimer * Gildemeister * Hannover Re * Heidelberger Druckmaschinen * HHLA * Hochtief * Hugo Boss * IVG Immobilien * Kabel Deutschland * Klöckner * Krones * Lanxess * Leoni * MTU Aero Engines * Praktiker * ProSiebenSat.1 Media * PUMA * Rational * Rheinmetall * Rhön-Klinikum * SGL Carbon * Salzgitter * Sky Deutschland * STADA Arzneimittel * Südzucker * Symrise * Tognum * TUI * Vossloh * Wacker Chemie * Wincor Nixdorf

International Credit Insurance & Surety Association (ICISA) Members

Afianzadora Latinoamericana (Argentina) * Allianz SE (Germany) * Askrindo (Indonesia) * Atradius (worldwide) * AXA Assurcredit (France) * AXA-Winterthur (Switzerland) * AXIS Re (Ireland) * CESCE (Spain) * China National Investment & Guaranty Company (China) * CLAL (Israel) * Coface (worldwide) * COSEC (Portugal) * CGIC (South Africa) * Ducroire/Delcredere (Belgium) * ECICS (Singapore) * Ethniki (Greece) * Euler Hermes (worldwide) * Fianzas Atlas (Mexico) * Fianzas Monterrey (Mexico) * Garant (Austria) * Groupama (France) * GCNA (Canada) * Hannover Re (worldwide) * HCC International (UK) * ICIC (Israel) * Lombard Insurance Company (South Africa) * Mapfre (Spain) * Mitsui Sumitomo (Japan) * Munich Re (worldwide) * Nationale Borg (Netherlands) * Partner Re (worldwide) * PICC (China) * Prisma (Austria) * QBE Insurance (Australia) * SACE BT (Italy) * SCOR Switzerland (worldwide) * SGIC (Korea) * SID First Credit (Slovenia) * Sompo Japan (Japan) * Swiss Re (worldwide) * Tokio Marine & Nichido Fire (Japan) * TrygVesta Garanti (Denmark) * Zurich Surety, Credit & Political Risk (USA) * Zurich Surety UK (UK) * Zurich Versicherung (Germany)

Major insurance and reinsurance companies

General Insurers Admiral Group * Aegon * Ageas * AIG * Allianz * Allstate * Berkshire Hathaway * BNP Paribas * CNP Assurances * Generali * IF P&C Insurance * ING * Mapfre * PICC * Swiss Life * Tokio Marine * Travelers * UIIC India * Zurich Financial Services *
Life Insurers Aegon * AXA * Aviva * Bupa * China Life * Hartford Life * ING * Jackson * LIC India * Legal & General * Manulife * MetLife * New York Life * Northwestern Mutual * Old Mutual * Prudential (US) * Prudential (UK) * Standard Life * State Farm * Scottish Widows * Sun Life * Swiss Life *
Reinsurers Hannover Re * Munich Re * Swiss Re * Reinsurance Group of America * General Re |



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