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.
Demand for high quality reinsurance protection to remain strong at Jan 1: E+S Rück
19th October 2026
Hannover Re’s German property and casualty (P&C) reinsurance business, E+S Rückversicherung AG, anticipates “further strong demand” for high-quality reinsurance protection at the upcoming January 1 renewals in the German market. At Baden-Baden, the reinsurer emphasised that despite moderate catastrophe loss expenditure in recent years, underlying risks have continued to rise while ... Read the full article
Wesley Clay to lead Hannover Re South Africa
16th October 2026
Hannover Re, one of Europe's big four reinsurers, has appointed Wesley Clay as Chief Executive Officer (CEO) of its South Africa operations, subject to regulatory approval. Clay has over two decades of industry experience, having joined Hannover Re in 2002 as a Portfolio Manager, and was a member of the Life ... Read the full article
Fitch upgrades Hannover Re’s outlook to positive, maintaining ‘AA-’ rating
9th October 2026
Fitch Ratings has changed its outlook on Hannover Re, one of Europe's big four reinsurers, and its subsidiary E+S Rückversicherung AG (E+S Re) from Stable to Positive, while maintaining both companies’ Insurer Financial Strength (IFS) Ratings at ‘AA-’. The decision reflects Fitch’s assessment of Hannover Re’s financial resilience, strong capitalisation and ... Read the full article
Holistic, enduring partnerships key as reinsurance capital grows: Hannover Re’s Althoff
23rd September 2026
As reinsurance capital is more abundant and client needs become increasingly complex, cedents are looking for holistic, enduring partnerships built on predictability and aligned profitability, Sven Althoff, Member of the Executive Board for Property & Casualty at Hannover Re, noted during Aon’s latest Capital Outlook panel. Anshuman Srivastava, Global Chief Broking ... Read the full article
Hannover Re expects risk-adequate prices for Jan 1 renewals amid increasingly challenging environment
7th September 2026
Global reinsurer Hannover Re expects generally risk-adequate rates for the January 1st, 2027, treaty renewals in its book of property and casualty reinsurance, with terms and conditions likely to "remain broadly unchanged." At Hannover Re's press briefing in Monte Carlo at the 68th RVS, the reinsurer confirmed that it plans to ... Read the full article
Hannover Re US names Conrad as VP & Head of Traditional Life Pricing and Data Analytics
1st September 2026
Hannover Life Reassurance Company of America (Hannover Re US) has appointed Sean Conrad as Vice President (VP) and Head of Traditional Life Pricing and Data Analytics, effective immediately. In his new role, Conrad's remit within the traditional life solutions will include traditional pricing, data analytics, and accelerated underwriting. He will also support ... Read the full article
Consecutive price reductions at renewals to feed through to big four’s earnings: Fitch
20th August 2026
According to Fitch Ratings, the four largest European reinsurers, Munich Re, Swiss Re, Hannover Re, and SCOR, reported a stable, record average return on equity of 21.5% in H1 2026, supported by strong underwriting and investment results. However, the rating agency expects the adverse effects of ... Read the full article
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
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