GWP less treaty: £360.8m
International Insurance Company of Hannover,
Hannover House, Station Parade, Virginia Water, Surrey GU25 4AA
t: 01344 840700
f: 01344 845909
Year established: 1979
Major shareholders: Inter Hannover is a member of the Hannover Re Group. The company's holding company is Hannover Finance (UK).
The company's results are consolidated into the accounts of the ultimate holding company, HDI Haftpflichtverband der Deutschen Industrie V.a.G, which is incorporated in Germany.
Number of UK employees (2003): 33
Main lines of business: Property (12.5%), third party liability (17.8%), marine, aviation and transport (42.4%) and motor (19.4%).
The company was primarily engaged in London market business with a special focus on aviation.
The emphasis was changed in 2001 with a new strategic orientation towards European programme business. This is defined as homogeneous segments of insurance business where the normal insurance company functions required for a risk transaction cycle are outsourced to third parties.
It is a business model aimed at cost efficient and effective business processes.
Chief officer: Gonda Lauritzen.