Hannover Re
Hannover Re is a Hannover-based reinsurer providing property and casualty and life and health reinsurance to insurers in international markets.
Hannover Re is a global reinsurer headquartered in Hannover, Germany. Established in 1966, the group writes property and casualty reinsurance as well as life and health reinsurance for insurers across international markets. It ranks as the world's third-largest reinsurer, with gross premiums written exceeding EUR 24 billion and a workforce of around 4,000.
The property and casualty business covers risks in international markets and is underwritten in Germany through the subsidiary E+S Rück, the second-largest property and casualty reinsurer in Germany. The life and health division provides reinsurance for life and health risks. The group is rated AA- ("Very Strong") by S&P and A+ ("Superior") by A.M. Best.
Operations are conducted through more than 170 subsidiaries, branches and representative offices worldwide. The company describes its operating model as lean and partnership-oriented, combining the resources of a major international reinsurer with a degree of agility. Its stated focus is on risk solutions and underwriting, the development of innovative insurance coverage, and supporting clients and industries in recovering from major risks.
Technical work spans property and casualty reinsurance, life and health reinsurance, risk solutions and underwriting, and insurance coverage innovation, with an emphasis on underwriting discipline and financial strength.