AM Best has assigned an ‘A' financial strength rating to Hannover Re and its core subsidiaries.
At the same time the ratings agency also affirmed the ‘bbb+' ratings on the subordinated debt issued by Hannover Finance and Hannover Finance, which are guaranteed by Hannover Re, and said the outlook on the ratings has been revised to stable from negative.
In a separate announcement Best affirmed the ‘A' financial strength rating of Hannover Reinsurance Ltd, and removed the company from under review.
The ratings agency assigned an issuer credit rating of ‘a' to the company. Both ratings have a stable outlook.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
