Hannover Re Sells Praetorian Group to Australian Insurer
December 13, 2006 02:11 ET
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Hannover Re
-- Hannover Re to concentrate on its core business going forward
-- QBE acquires 100% of Praetorian for US$800 million
HANNOVER, Germany, Dec. 13, 2006 (PRIME NEWSWIRE) -- Hannover Re today...
Hannover Re Launches Subsidiary for Sharia-Compliant Reinsurance
December 08, 2006 08:52 ET
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Hannover Re
HANNOVER, Germany, Dec. 8, 2006 (PRIME NEWSWIRE) -- Hannover Re has established Hannover ReTakaful B.S.C.(c) in Manama, Bahrain, a wholly-owned subsidiary for the underwriting of worldwide reinsurance...
Hannover Re Reports Gratifying Interim Result
November 14, 2006 01:56 ET
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Hannover Re
-- Return on equity 18.6% after tax
-- All business groups on target or better than planned
-- Major losses in property and casualty reinsurance only 3.1% of net
premium
-- Operating profit...
Hannover Re Receives Business Licence for China
November 10, 2006 08:14 ET
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Hannover Re
HANNOVER, Germany, Nov. 10, 2006 (PRIMEZONE) -- Hannover Re has received a licence from the China Insurance Regulatory Commission (CIRC) to transact life and health reinsurance in the People's...
Hannover Re Best Reinsurer Overall in North America
September 07, 2006 07:50 ET
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Hannover Re
HANNOVER, Germany, Sept. 7, 2006 (PRIMEZONE) -- In a survey conducted by the widely respected US-based Flaspohler Research Group, Hannover Re came out as the best overall reinsurer for the second time...
Highly Satisfactory Semi-Annual Result for Hannover Re
August 08, 2006 01:45 ET
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Hannover Re
-- Return on equity 19.9% after tax
-- Gross premium growth +12.8%
-- Major losses in property and casualty reinsurance just 2.7% for
net account
-- Operating profit (EBIT) +29.7%
-- ...
Hannover Re Uses CAT Bond to Protect Against European Windstorm Risks
July 31, 2006 07:20 ET
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Hannover Re
HANNOVER, Germany, July 31, 2006 (PRIMEZONE) -- Hannover Re has for the first time used a traditional CAT bond in its array of risk management tools. Eurus Ltd. issued a CAT bond with a volume of USD...
Hannover Re: Annual General Meeting Approves All Proposed Resolutions
May 12, 2006 09:14 ET
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Hannover Re
HANNOVER, Germany, May 12, 2006 (PRIMEZONE) -- The very well attended Annual General Meeting of Hannover Re -- with around 1,500 participants -- today approved all proposed resolutions by a large...
Hannover Re Starts the New Financial Year On a Positive Note
May 12, 2006 02:31 ET
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Hannover Re
-- Growth in gross premium income +8.9%
-- Operating profit (EBIT) +38.6%
-- Net income for the quarter +7.6%
-- All four business groups generate positive result above the
cost of capital
...
Hannover Re Monetises EUR 100 Million of Life Embedded Value
February 16, 2006 09:23 ET
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Hannover Re
HANNOVER, Germany, Feb. 16, 2006 (PRIMEZONE) -- Hannover Re has completed a transfer of life insurance risks into the international financial market with effect from 31 December 2005. Labelled "L6...