Reinsurance News

Hannover Re

Hannover Re is one of the largest reinsurance companies in the world. Hannover Re transacts all lines of property and casualty and life and health reinsurance, operating globally and providing meaningful limit to its clients.

Hannover Re was founded in 1966 and went public in 1994 and operates a worldwide network of subsidiaries, branches and representative offices underwriting business such as facultative, direct and catastrophe XoL reinsurance business in the P&C market, as well as life, health, annuity and personal accident reinsurance business.

Read all our Hannover Re reinsurance news below.

Hannover Re names Yan Sun as Head of Life & Health, Greater China

18th November 2025

As part of its ongoing growth strategy in Asia, Hannover Re has appointed Yan Sun as Head of Life & Health, Greater China. Based in Hong Kong, Sun will oversee the firm’s Life & Health operations across Greater China, a pivotal market in Hannover Re’s regional expansion plans. The firm commented, "With ... Read the full article

Hannover Re expects three digit loss for Hurricane Melissa but says will land below unused Q3 budget

10th November 2025

Global reinsurer Hannover Re expects to book a three digit loss for Hurricane Melissa, but is confident that its share of loss from the event will be less than the roughly €450 million of unused third quarter large loss budget. This morning, Hannover Re reported net expenditures for large losses ... Read the full article

Hannover Re lifts full year ’25 guidance to €2.6bn as 9M’25 combined ratio strengthens

10th November 2025

Hannover Re, one of Europe's big four reinsurers, has raised its full year 2025 net income guidance by €200 million to €2.6 billion on the back of a strong performance in the first nine months of the year, during which net income increased by 7.7% to €2 billion with a ... Read the full article

Nothing unexpected in conversations around price and T&Cs ahead of renewals: Hannover Re’s Steinmann

20th October 2025

Thorsten Steinmann, CEO of E+S Rück and Member of the Executive Board for Hannover Re, said today that with many reinsurers achieving a return on equity (ROE) of more than 20%, it's normal to have conversations around price and terms and conditions (T&Cs). This afternoon, E+S Rück, the reinsurer for the ... Read the full article

Hannover Re’s E+S Rück expects continued demand and stable market for 2026

20th October 2025

Hannover Re’s German subsidiary, E+S Rückversicherung AG, has predicted continued demand for reinsurance and feels that despite trends showing a softening market emerging in property and casualty (P&C) reinsurance, a stable market environment in Germany is likely for 2026. At the 2025 Baden-Baden Reinsurance Meeting, E+S Rück, the reinsurer for the ... Read the full article

Europe’s big four performed better than expected in the last soft cycle: J.P. Morgan

17th October 2025

As the reinsurance market softens from the highs of 2023, with further pressure on pricing expected at the upcoming January renewals, analysis by J.P. Morgan reveals that for Europe's big four reinsurers, results were better than expected in the last soft market. If the final quarter of the year is as ... Read the full article

Hannover Re expects price pressure at 1/1 but doubles down on nat cat appetite

10th October 2025

Speaking at Hannover Re’s Investors’ Day 2025, Sven Althoff, Member of the Executive Board for Property & Casualty, said that while some areas of the market may see a slight softening in 2026, overall pricing is expected to remain at an adequate level. This, he added, will enable Hannover Re to ... Read the full article

Hannover Re appoints new General Manager for Life & Health in Malaysia

8th October 2025

Hannover Re, the reinsurance company, has announced the appointment of Kantaporn Thejatunga (Jan) as General Manager of Life & Health at its Malaysian Branch in Kuala Lumpur. Thejatunga will be responsible for driving Hannover Re’s strategic initiatives and expanding its footprint across key markets, including Malaysia, Thailand, and Vietnam, while supporting ... Read the full article

Hannover Re appoints Hagen as General Manager within P&C Treaty

6th October 2025

Global reinsurer Hannover Re has announced the appointment of Alexander Hagen as General Manager, taking over the role from Vincent Hermenier, who recently became Managing Director. In his new position, Hagen will be responsible for overseeing Property & Casualty treaty business across France, the Benelux, Israel, Greece, Malta, the Maghreb and West ... Read the full article

Hannover Re adjusts dividend policy with goal to increase it each year

6th October 2025

In view of the firm's very good capitalisation, the Executive Board of global reinsurer Hannover Re has decided to realign its dividend policy, set to take effect from the 2025 financial year. Under the new policy, the payout ratio for the regular dividend will be raised to approximately 55% of IFRS ... Read the full article

Hannover Re announces key leadership changes in ILS & retrocession

1st October 2025

Global reinsurer Hannover Re has announced key leadership transitions and appointments within its Insurance-Linked Securities (ILS) and retrocession activities. Henning Ludolphs, Managing Director Retrocession and Capital Markets at Hannover Re, will transition into an advisory role effective 1st October 2025, serving in this capacity until his retirement in 2026. Ludolphs joined Hannover ... Read the full article

Hannover Re reports stable reinsurance pricing and strong ILS activity in 2025

9th September 2025

Hannover Re, the reinsurance group, shared its latest insights on global re/insurance markets during the 2025 Monte Carlo Rendezvous. The company reports that geopolitical tensions and ongoing conflicts continue to affect the marine and offshore energy sectors. Recent attacks on commercial shipping in the Red Sea have had limited financial impact but ... Read the full article

We expect continued growth despite more challenging rate environment: Althoff, Hannover Re

8th September 2025

Sven Althoff, Member of the Executive Board for Property & Casualty at Hannover Re, said this morning at the reinsurer's breakfast briefing in Monte Carlo at RVS 2025, that the company will continue to benefit from increased demand as it continues to focus on building "long-term, broad and deep relationships ... Read the full article

Demand for reliable reinsurance continues to grow ahead of January renewals: Hannover Re

8th September 2025

At its Monte Carlo breakfast briefing, Hannover Re reported that the January 1, 2026, property and casualty reinsurance treaty renewals are expected to feature stable to slightly softer pricing, alongside continued favourable terms and conditions in an attractive market environment. Hannover Re noted that, despite rising competition, the global property and ... Read the full article

European ‘Big Four’ maintain property cat appetite in 2025: AM Best

29th August 2025

The European “Big Four” reinsurers—Swiss Re, Munich Re, Hannover Re and SCOR—still have appetite for property catastrophe, despite market conditions beginning to show signs of softening, according to a recent AM Best report. The ratings agency noted that this appetite comes after a period of portfolio right-sizing, higher attachment points, and ... Read the full article