Insight and Intelligence on the Global Facultative Markets

19 May 2012

Confident Hannover targets credit business

10 February 2010

Hannover Re has unveiled a 3.5 percent prospective increase in the top line for 2010 amid a "broadly stable" P&C pricing environment at the 1 January renewals, as it expands into hardening credit and surety and aviation classes.

The reinsurer said that renewed premium volume increased 4.4 percent to EUR3,108mn, from the renewable book of EUR2,976mn. Of this, Hannover said that EUR263mn of business was cancelled or renewed in modified form, while EUR394mn came from new or modified treaties or...

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