Hannover Re Satisfied with Renewal Season
February 07, 2006 08:15 ET
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Hannover Re
HANNOVER, Germany, Feb. 7, 2006 (PRIMEZONE) --
-- Stable premium despite reduced risks
-- Rate increases: up to 100% and more in hurricane-exposed
regions, up to 200% in marine business,...
Hannover Re Draws on Capital Market to Boost Underwriting Capacity
February 03, 2006 10:46 ET
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Hannover Re
HANNOVER, Germany, Feb. 3, 2006 (PRIMEZONE) -- Hannover, 3 February, 2006: Hannover Re has again used the capital market to obtain underwriting capacity for catastrophe risks. Labelled "K5," the...
Rod Fox to Lead Hannover Re's U.S. Specialty Insurance Operations as CEO of Clarendon Group
February 01, 2006 04:29 ET
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Hannover Re
HANNOVER, Germany, Feb. 1, 2006 (PRIMEZONE) -- Hannover Re Group today announced that Rodman Fox, a highly experienced and accomplished insurance industry executive, has been appointed Chief Executive...
Hannover Re: Result Adversely Impacted by Exceptionally Heavy Losses
November 10, 2005 01:50 ET
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Hannover Re
-- Life and health reinsurance with very healthy profit
contribution
-- Net investment income +8.3%
-- First-time reporting in accordance with IFRS
HANNOVER, Germany, Nov. 10, 2005...
Hannover Re Heavily Impacted by Hurricane `Katrina' -- Return on Equity After tax will Remain in Double Digits
September 02, 2005 01:37 ET
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Hannover Re
HANNOVER, Germany, Sept. 2, 2005 (PRIMEZONE) -- Hurricane "Katrina" is presumably set to become the most expensive ever natural disaster suffered by insurers in industry history. Estimates of the...
Hannover Re Reports Gratifying Interim Result
August 11, 2005 01:40 ET
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Hannover Re
HANNOVER, Germany, Aug. 11, 2005 (PRIMEZONE) -- Hannover Re:
- Growth in net premiums + 6.2%
- Net income for the first half-year + 8.3%
- Stockholders' equity + 12.3%
- Return on equity...
Hannover Re: Annual General Meeting Approves all Proposed Resolutions
June 14, 2005 07:54 ET
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Hannover Re
Hannover, Germany, June 14, 2005 (PRIMEZONE) -- The roughly 1,500 participants at Hannover Re's very well attended Annual General Meeting today approved all proposed resolutions by a substantial...
Hannover Re Successfully Completes Hybrid Capital Exchange and New Issue
May 25, 2005 11:45 ET
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Hannover Re
HANNOVER, Germany, May 25, 2005 (PRIMEZONE) -- Hannover Re has today successfully issued a EUR 500 million hybrid capital bond via its subsidiary Hannover Finance (Luxembourg) S.A. As part of the...
Hannover Re Posts Another Highly Gratifying Quarterly Performance
May 12, 2005 01:52 ET
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Hannover Re
HANNOVER, Germany, May 12, 2005 (PRIMEZONE) -- Hannover Re:
-- Gross premium growth + 6.2%
-- Operating profit (EBIT) + 16.2%
-- Quarterly net income + 11.1%
-- All four business groups...
Hannover Re issues further hybrid capital
May 12, 2005 01:46 ET
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Hannover Re
Hannover, Germany, May 12, 2005 (PRIMEZONE) --
* Making use of the current attractive interest rate
environment
* Exchange of an existing outstanding subordinated debt...