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 is comfortable growing in this market, expects property cat rate reductions to decelerate: Althoff
12th August 2026
Sven Althoff, Member of the Executive Board for Property & Casualty at large reinsurer Hannover Re, said today that the company is comfortable growing in this P&C market environment, while the firm expects property catastrophe price reductions to decelerate heading into the January 1st, 2027, renewals. This morning, Althoff, alongside other ... Read the full article
Hannover Re delivers net income rise of 7% to €1.4bn as P&C combined ratio strengthens
12th August 2026
Global reinsurer Hannover Re saw its Group net income rise from $1.3 billion last year to $1.4 billion in the first half of 2026, as operating profit increased by almost 10% to €1.9 billion, with an improved property and casualty (P&C) combined ratio of 83.2%. Hannover Re says that it delivered ... Read the full article
FCDO commits additional £3m to Natural Disaster Fund Technical Assistance Facility
3rd July 2026
The Foreign, Commonwealth and Development Office (FCDO), which leads the UK’s diplomatic, development and consular work globally, has committed an additional £3 million to the Technical Assistance Facility (NDF TA Facility), operated by the Natural Disaster Fund (NDF), a blended risk transfer vehicle designed to mitigate climate-related challenges and build ... Read the full article
Sixth Street to acquire majority stake in Monument Re
29th June 2026
Sixth Street, a global investment firm, has announced that investment vehicles it manages or advises have entered into a definitive agreement to acquire a majority stake in Monument Re, a life insurance and reinsurance holding company. The transaction, expected to close by the end of 2026, is subject to regulatory approvals ... Read the full article
Lemonade enters into $250m business financing agreement with Hannover Re
26th June 2026
Lemonade, an AI-powered digital insurance company, has signed a business financing agreement with Hannover Re (Ireland) DAC, under which the reinsurer will provide up to $250 million to help fund Lemonade's sales and marketing spending between January 1, 2027, and December 31, 2028. Under the terms of this new agreement, the ... Read the full article
Hannover Re appoints Sven Wilhelmsen as General Manager
3rd June 2026
Global reinsurer Hannover Re has announced the appointment of Sven Wilhelmsen as General Manager. In his new role, Wilhelmsen will lead the global L&H digital solutions portfolio, shaping strategic roadmaps and ensuring efficient, value-focused delivery and adoption across Hannover Re’s markets, clients, and internal user communities. He brings more than 15 years ... Read the full article
Quality of Hannover Re’s portfolio after renewal still very sound despite surprises: Althoff
11th May 2026
Despite several unexpected factors that challenged initial expectations during the latest renewal season, Hannover Re’s portfolio quality remained sound, according to Sven Althoff, a Member of the Executive Board for Property & Casualty, during the company’s recent analysts’ call. Althoff highlighted stronger pricing pressure as one of the main surprises during ... Read the full article
Hannover Re posts 48% net income rise as P&C combined ratio improves to 83.6% in Q1’26
11th May 2026
Global reinsurer Hannover Re generated net income of €710.6 million in the first quarter of 2026, an increase of 47.9% on the prior year, as the reinsurance service result for the period jumped by a significant 72.9% to €890.2 million. The large European reinsurer has reported a strong set of results ... Read the full article
Hannover Re lifts dividend 39% following record 2025 results
6th May 2026
Hannover Re’s latest Annual General Meeting (AGM) has approved a proposal from the Executive and Supervisory Boards to pay a dividend of €12.50 per share, reflecting the reinsurer’s updated dividend policy for the 2025 financial year. The payout represents a 39% increase on the previous year, bringing the total distribution to ... Read the full article
Schroders Capital and Hannover Re introduce tokenised infrastructure for ILS investments
24th April 2026
Schroders Capital, the private markets division of global asset manager Schroders, and Hannover Re, an international reinsurance provider, have launched a tokenised capability within Schroders Capital’s Private Debt & Credit Alternatives (PDCA) insurance-linked securities (ILS) platform. The announcement includes the completion of what is described as the first real-world collateralised reinsurance ... Read the full article
Hannover Re names Kris Boundy as General Manager, Reinsurance Business at HLR Aus
9th April 2026
Global reinsurer Hannover Re has announced the appointment of Kris Boundy as General Manager, Reinsurance Business at Hannover Life Re of Australasia (HLR Aus). In her new role, Boundy will oversee the reinsurance business, including client relationships, product and pricing across group, retail, longevity and structured solutions. She brings nearly two decades ... Read the full article
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
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