Hannover Re


Hannover Re, with a gross premium of around €22.6 billion, is a European and third-largest reinsurance group in the world. Its headquarters is in Hannover, Germany.
The company was founded in 1966 under the name Aktiengesellschaft für Transport- und Rückversicherung.
Hannover Re transacts all lines of property & casualty and life & health reinsurance and has a network of subsidiaries, branches and representative offices on all five continents with a total staff of more than 3,000. The Group's German business is written by the subsidiary E+S Rück.
The rating agencies most relevant to the insurance industry have awarded Hannover Re very strong insurer financial strength ratings.

History

In August 2018, it was announced that Chief Executive Officer Ulrich Wallin would retire after 10 years in the role on May 8, 2019. He was succeeded by Jean-Jacques Henchoz, who became a member of the company's executive board on April 1, 2019.