The company was founded in 1973 and is based in Chesterfield, Missouri. 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Additionally, it provides property and casualty reinsurance and insurance solutions. Talanx - Wikipedia From start-ups to market leaders, uncover what they do andhow they do it. International Credit Insurance & Surety Association (ICISA), China National Investment & Guaranty Company, Zurich Insurance plc, Niederlassung fr Deutschland, https://en.wikipedia.org/w/index.php?title=Hannover_Re&oldid=1158665996, Financial services companies established in 1966, Creative Commons Attribution-ShareAlike License 4.0, Market capitalisation at year-end in m. EUR, This page was last edited on 5 June 2023, at 13:45. Hannover Re establishes Hannover Reinsurance (Ireland) Ltd. (HRI), Dublin, based at the International Financial Services Centre (IFSC), as a financial reinsurer. Navigating the Current Hard Market, Who is Paying for This? Hannover Re is headquartered in Hannover, Germany. Thank you! Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Since 2014 there has also been an exhibition series entitled "Meisterschler" (Master Students) in cooperation with the Braunschweig University of Fine Arts. [3] The Group is headquartered in Hannover, Germany and is active in . TX Hannover Re recently partnered with Stone Ridge Asset Management on January 1, 2023. Improve competitive bidding with insights into all publicly disclosed IT services contracts for Hannover Ruck SE (including IT outsourcing, business process outsourcing, systems integration & consulting and more). HDI Global Specialty SE HDI-Platz 1 30659 Hannover / Germany. Contact an agent for a quote. He has worked as an underwriter at the Talanx Group since 1987, holding a number of management positions at Hannover Re since 1994. In 1981, the company made its first acquisition of a foreign insurance group the Hollandia Group (now Hannover Re Group Africa). Gain a 360-degree view of Hannover Ruck SE and make more informed decisions for your business Find out more Headquarters Germany Address Karl-Wiechert-Allee 50, Hannover, 30625 Website www.hannover-re.com Telephone 49 511 56040 No of Employees 3,519 Industry Financial Services Europe: Dublin, Hannover, London, Madrid, Milan, Paris, Stockholm[9], Key figures of Hannover Re 2016-2022:[10], On occasion of its 25th anniversary in 1991, the Hannover Re Foundation was established for the benefit of the Sprengel Museum. 92707, 95 Glastonbury Boulevard NY [2] Talanx is Germany's third-largest and one of the major European insurance Groups by premium income. Hannover Rckversicherung AG is transformed into a European public limited company (Societas Europaea, SE). Find a local agent here. Talanx. 2019-2023 The Hanover Insurance Group, Inc. All rights reserved. [3] The Group is headquartered in Hannover, Germany and is active in more than 150 countries. Get a quote. Line: 315 With effect from Jan. 1, HDI Global SEs Board of Management will consist of: Dr. Edgar Puls (CEO), Ralph Beutter (specialty), Dr. Mukadder Erdnmez (third-party liability, cyber Insurance, motor), Dr. Christian Hermelingmeier (CFO), David Hullin (region Americas, Europe (without Germany)), Dr. Thomas Kuhnt (COO, IT and group accident), Andreas Luberichs (region Germany), Claire McDonald (property insurance, engineering insurance, marine insurance, HDI Risk Consulting) and Jens Wohlthat (region Asean, South Africa, Middle East, Russia). Have you found what you were looking for? SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. From then on, Hannover Re serves foreign insurance markets, while Eisen und Stahl Rck now E+S Rck takes responsibility for handling the German market. 75206, 10375 Richmond Avenue This website is intended for an audience outside of the United States. Hannover Rck SE LEI 529900KIN5BE45V5KB18. Van Buren Township, MI 48111, Corporate mailing address Hannover Re, with gross premium of more than 24 billion, is the third-largest reinsurer in the world. Financial details of the transaction were not disclosed. The company provides insurance for aquaculture, equine and livestock, aviation and aerospace, construction, and more. HANNOVER REINSURANCE GROUP AFRICA ROSEBANK, Gauteng 344 followers Somewhat Different Follow View all 7 employees Report this company Report Report BackSubmit About us Headquarters ROSEBANK,. Talanx | Ampega CT report available on the market, Understand Hannover Ruck SE position in the market, performance and strategic initiatives, Gain competitive edge and increase your chances of success. In 1996, Eisen und Stahl Rck was integrated into the Hannover Re Group. 4Di Capital, Acequia Capital, Allectus Capital, Allen & Company, Analog Devices, Bremer Bank, Convergence Partners, Delos Capital, Dietco, Errol Damelin, Halls Investments, Hannover Re, Invenfin, Lireas Holdings, Mogul Capital, Nedbank, OneBio, Rachel Diamond, Stellar Capital Partners, Tenhong Holdings, and Virgin Group. Worcester, MA 01653-0002. These arrangements cover 32.5% of all gross claims costs, meaning we are only required to purchase 67.5% of the main catastrophe programme in global reinsurance markets. Hannover Re Portfolio Investments, Hannover Re Funds, Hannover Re Exits Hannover Re promotes the diversification of its life and health portfolio: The company reaches agreement with Scottish Re (US) in 2011 on the acquisition of a reinsurance portfolio as part of a transaction. Hannover Re acquires selected portfolios of Skandia International Insurance Company (SIIC), Stockholm, comprising life and health reinsurance, facultative reinsurance and aviation/space insurance, which ideally complement the existing book of business. Our companies | The Hanover Insurance Group 16 Reviews 28 Salaries 6 Q&A Interviews Photos Hannover Re Careers and Employment About the company Industry Insurance Headquarters Hanover, Germany Hannover Re website Hannover Re (in German Hannover Rck SE), with a gross premium of around 14.4 billion, is the third-largest reinsurance company in the world. The company also provides reinsurance products for annuities, personal accident, and life and health. Their appointments will take effect from Jan. 1, 2022. You can read more about your. The foundation is capitalised with DEM 1 million. The renewed deal is already in effect and is valid for five years. Wilhelm Zeller joins Hannover Re as new Chairman of the Executive Board. Hannover Re - Our offices To fill the last gap, Hannover Re acquires the ING US Individual Life Reinsurance Business previously reinsured by Scottish Re Group Limited as well as the policy administration systems of Scottish Re and other assets supporting the US mortality reinsurance business which had hitherto been underrepresented in Hannover Res portfolio. life and life reinsurance business. ME 5130 Parkway Plaza Blvd. 14th Floor Offices - Lockton UK | Lockton [6], Members of the Executive Board:[7] Jean-Jacques Henchoz (CEO), Clemens Jungsthfel (CFO), Sven Althoff (Property & Casualty reinsurance), Sharon Ooi (Property & Casualty reinsurance), Michael Pickel (Property & Casualty reinsurance), Silke Sehm (Property & Casualty reinsurance), Claude Chvre (Life & Health reinsurance), Dr. Klaus Miller (Life & Health reinsurance), Members of the Supervisory Board:[8] Torsten Leue (Chairman), Herbert K. Haas, Natalie Bani Ardalan, Frauke Heitmller, Ilka Hundeshagen, Dr. Ursula Lipowsky, Dr. Michael Ollmann, Dr. Andrea Pollak, Dr. Erhard Schipporeit, Africa: Abidjan, Johannesburg The Americas: Bogot, Denver, Hamilton, Itasca, Mexico City, Orlando, Rio de Janeiro, Toronto Asia: Hong Kong, Kuala Lumpur, Manama, Mumbai, Seoul, Shanghai, Taipei, Tokyo Australia: Sydney Europe: Dublin, Hannover, London, Madrid, Milan, Paris, Stockholm[9], Key figures of Hannover Re 2016-2022:[10], On occasion of its 25th anniversary in 1991, the Hannover Re Foundation was established for the benefit of the Sprengel Museum. In 2019, Jean-Jacques Henchoz succeeded Ulrich Wallin as Chief Executive Officer of Hannover Re.[3]. No matter where your clients are doing business, you'll find that our specialists are well-schooled in local market regulatory environments and in navigating the unique risks associated with different regions . Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. our sites and services. 2003. 444 W 47th St. Suite 900. The company offers property and casualty reinsurance products such as marine reinsurance, aviation reinsurance, credit reinsurance, surety reinsurance, property reinsurance, liability reinsurance, motor reinsurance, worldwide treaty reinsurance, catastrophe excess of loss (Cat XL) and structured reinsurance and insurance-linked securities. Kansas City, MO 64112. 60143, 9229 Delegates Row The deal has allowed IAG to have up to A$169m ($113m) of event retention for a first and second event. In 1996, Eisen und Stahl Rck was integrated into the Hannover Re Group. VA Verlan Fire Insurance Company. Further announcements will follow in the near future with regard to the leadership of HDI Global UK and Ireland. 55437, 7400 West 130th Street The firm's main products include a Protection Platform and a Decision Platform. Hit by heavy losses from the World Trade Center terror attacks, Hannover Re pays no dividend, but despite the unimaginable dimensions of the event achieves positive net income albeit on a modest level. Excess Surplus Suite 990 Suite 630 Suite 200 Function: _error_handler, Message: Invalid argument supplied for foreach(), File: /home/ah0ejbmyowku/public_html/application/views/user/popup_modal.php Function: _error_handler, File: /home/ah0ejbmyowku/public_html/application/views/user/popup_harry_book.php [4], Life & Health: Hannover Re offers its customers worldwide reinsurance protection in all lines of life and health insurance. % of people found this article valuable. Citizens Insurance Company of Ohio. Hannover Re transacts reinsurance in the business groups Property & Casualty and Life & Health. VA Among other things, we will be very flexible in our ability to decide on potential M&A projects and take appropriate action.. Hannover Re (in German Hannover Rck) is a reinsurance company based in Hannover, Germany. Access more premium companies when you subscribe to Explorer, Contact the team or request a demo to find out how our data can drive your business forward, Transportation, Infrastructure and Logistics, Top 10 Reinsurers in the World in 2021 by Written Premiums, Gain a 360-degree view of Hannover Ruck SE and make more informed decisions for your business, Karl-Wiechert-Allee 50, Hannover, Berlin, 30625, Gain access to our premium signals and make informed decisions for your business, Understand Hannover Ruck SE portfolio and identify potential areas for collaboration, Dive into past operations, including product releases, deals, acquisitions & more, Benchmark the company against the market with exclusive information on key competitors, Chart Financial activity with access to more key stats, Head - Property and Casualty Reinsurance- North America; United Kingdom, Ireland and London Market, Gain insight into Hannover Ruck SE key executives to enhance your sales strategy, GlobalData Plc 2023 | Registered Office: John Carpenter House, John Carpenter Street, London, EC4Y 0AN, UK | Registered in England No. Hannover Re Company Profile - Craft By selling our stake we are freeing up capital for profitable growth in our core business, said Jean-Jacques Henchoz, chief executive officer of Hannover Re. Hannover Re is a reinsurance company that transacts all lines of property, casualty, life, and health reinsurance. HDI Haftpflichtverband der Deutschen Industrie V.a.G., Hannover, merges with FSV. Hannover Re Company Profile: Stock Performance & Earnings - PitchBook Columbia, Line: 192 Suite 220 In order to improve diversification and reduce volatility, Hannover Re decides to expand its life and health business: The company acquires US life insurer Reassurance Company of Hannover (RCH), Orlando/Florida and the portfolio of Hamburger Internationale Rckversicherung (HIR). Hannover Re is very well positioned in the established and emerging reinsurance markets worldwide. It offers group and individual, retirement and lifestyle, credit life, and Takaful insurance. 03110, 300 Atrium Drive, 3rd Floor Torsten Leue (Chairman), Herbert K. Haas, Natalie Bani Ardalan, Frauke Heitmller, Ilka Hundeshagen, Dr. Ursula Lipowsky, Dr. Michael Ollmann, Dr. Andrea Pollak, Dr. Erhard Schipporeit, Africa: Abidjan, Johannesburg Founded in 1966, Hannover Re transacts all lines of property & casualty and life & health reinsurance and has a network of over 170 subsidiaries, branches and representative offices on all five continents with a total staff of more than 3,000. Suite 107 You can read more about your cookie choices at our privacy policyhere. In addition, IAG revealed that it has bought aggregate and third/fourth event reinsurance covers for the financial year 2024 (FY24) ending 30 June. Suite 375 Hannover Re establishes the representative office Hannover Re Escritrio de Representao no Brasil Ltda. PA It transacts all lines of property, casualty, life, and health reinsurance. 5415 East High Street 10 FENCHURCH STREET LONDON GB EC3M 3BE Headquarters Address [en] 10 FENCHURCH STREET LONDON GB EC3M 3BE External Public Records LEI Registration Details L E I 894500KMB1W0K0AXZI45 Legal Name HANNOVER RE HOLDINGS (UK) LIMITED Authority Authority I D RA000585 Authority Authority I D 12785014 Legal Jurisdiction GB Legal Form Legal Form Code H0PO Hannover Re Holdings (uk) Limited - lei.report Hannover Re also has its own art collection, which is continually expanded through purchases. Hannover Re was founded in 1966 and is based in Hannover, Germany. Overland Park, About us Hannover Re, with gross premium of more than EUR 33 billion, is the third-largest reinsurer in the world. Check status of a claim. The Hanover Insurance Company 48843, 4100 Embassy Drive Southeast Following the takeover of the shares, Ralph Beutter (56), CEO of HDI Global Specialty, will also be appointed as a board member of HDI Global SE. Richmond, We are dedicated to deliver individually tailored and comprehensive client support - everywhere in the world. History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events. Talanx announced the purchase deal of Liberty Seguros personal and small commercial business in the regions of Brazil, Chile, Ecuador and Colombia, The deal is expected to make Talanx the third-largest insurer in Latin America.[3]. Eisen und Stahl Rck is integrated into the Hannover Re Group followed by a restructuring of the Group: Hannover Re assumes responsibility for foreign markets while Eisen und Stahl Rck - now E+S Rck - takes exclusive responsibility for the German market within the Group. Central management combined with local talent, effective customer relationship. The Group has tailored its structure to four operating customer segments: The business segments Industrial Insurance, Private and Commercial Lines Germany, Private and Commercial Lines International and Property/Casualty Reinsurance.
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