Hannover Re has raised $370m in the capital market to obtain underwriting capacity for catastrophe risks.
The transaction, which is the company's highest volume risk securitisation to date, was placed primarily with institutional investors in North America and is initially limited to a term of three years.
Chief executive Wilhelm Zeller said in a statement that
Hannover Re needed that underwriting capacity to participate in the "profitable market opportunities that will open up in the years ahead".
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.
