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.
Middle East war exposure likely in specialty lines, but nothing major in actual losses yet, says Hannover Re
12th March 2026
Sven Althoff, Member of the Executive Board for Property & Casualty at Hannover Re, said this morning that the reinsurer is expecting losses from the ongoing conflict in the Middle East in its specialty reinsurance book, although so far there's a lack of any noticeable reported losses. Given the live and ... Read the full article
Hannover Re’s net income rises to €2.6bn in 2025 as increased reserve resiliency offsets benign loss experience
12th March 2026
Hannover Re, one of Europe's big four reinsurers, delivered a 13.4% rise in net income to €2.6 billion for the 2025 financial year, as reinsurance revenue increased by 1.5% year-on-year to €26.8 billion, with a strong performance in both the property and casualty (P&C) and life and health (L&H) reinsurance ... Read the full article
Hannover Re adds Ridwaan Patel as CFO, Hannover ReTakaful & Bahrain branch
17th February 2026
Hannover Re has appointed Ridwaan Patel as Chief Financial Officer for Hannover ReTakaful B.S.C. and its Bahrain branch, subject to approval by the Central Bank of Bahrain (CBB). Most recently, Patel served as the Chief Risk Officer and Head of Compliance and Risk at Hannover ReTakaful B.S.C., positions he has held ... Read the full article
Hannover Re reports 3.3% rise in Jan 1 P&C reinsurance premiums
5th February 2026
Hannover Re reported that its total renewed premium volume in traditional property and casualty reinsurance increased by 3.3% to €10.535 billion at the January 1, 2026 renewals, despite a highly competitive market environment. The reinsurer noted that the growth was supported by its strong market position and long-standing, partnership-driven client relationships. According ... Read the full article
Hannover Re expands Cardinez’s remit with Global Head of Financial Solutions role
26th January 2026
Global reinsurer Hannover Re has announced the appointment of Chantal Cardinez as Global Head of Financial Solutions. Cardinez will take on the role in addition to her existing mandate as Chief Executive Officer of Hannover Re Bermuda. She brings more than 20 years of industry experience, with strong business development acumen and ... Read the full article
Hannover Re appoints Prateek Maheshwari as CFO, India Branch
23rd January 2026
Hannover Re, a global reinsurer operating across property and casualty, life, and health lines, has announced the appointment of Prateek Maheshwari as Chief Financial Officer of its India Branch. Maheshwari has been part of Hannover Re since 2017, when he joined the India Branch as Finance Manager. Prior to his current appointment, ... Read the full article
Prateek Maheshwari named CFO of Hannover Re India
15th January 2026
Seasoned finance professional Prateek Maheshwari has joined Hannover Re India as its new Chief Financial Officer (CFO). Maheshwari transitioned to the Indian branch from Hannover Life Re of Australasia, in Sydney, where he most recently served as Management Accountant for nearly four years. This appointment marks a homecoming of sorts for the ... Read the full article
Kun Huang named CEO of Hannover Re’s Shanghai branch
12th January 2026
Global reinsurer Hannover Re has announced the appointment of Kun Huang as Chief Executive Officer of its Shanghai Branch. Huang joins Hannover Re from Chaucer, where he spent the past six years, most recently serving as Chief Liaison Officer. Prior to that, he served as Managing Director at China Re Underwriting Agency ... Read the full article
John Walters named CEO & Managing Director of Hannover Life Re of Australasia
6th January 2026
Global reinsurer Hannover Re has announced the appointment of John Walters as Chief Executive Officer (CEO) and Managing Director of Hannover Life Re of Australasia. Hannover Life Re of Australasia is a specialist provider of insurance and reinsurance solutions for superannuation funds, distribution partners, employers, and other insurers, helping them protect ... Read the full article
Tiffany Norman to succeed Pete Schaefer as President and CEO of Hannover Re US
30th December 2025
Hannover Life Reassurance Company of America (Hannover Re US) has announced the appointment of Tiffany Norman as President and CEO of Hannover Re US, effective January 1, 2026. This appointment is an update of the announcement on September 3, 2025, of Clint Thompson, who was originally set to succeed Pete ... Read the full article
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
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