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1 through 19 of 19 matching documents, best matches first.   Sort by date

Hannover Life Reassurance Appoints SVP-Chief Actuary
John Di Meo as senior vice president and chief actuary. Di Meo was appointed executive vice president and chief financial officer Jan. 1. Rabin will lead a broad range of actuarial ...
Source: BestWire   Date: April 30, 2026
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Hannover Re First-Quarter Net Income Down 13.9% on Fire, Aviation, Other Cat Losses
Germany and Ex-Tropical Cyclone Alfred in Australia. The company raised its net large loss budget for the year to 2025 to €2.1 billion from €1.83 billion on property/casualty ...
Source: BestWire   Date: May 14, 2025
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Hannover Re CEO Expects Strong Property/Casualty Results to Continue Next Year
...Jacques Henchoz in a conference call. The group has a positive outlook for 2025 based on continuing favorable market conditions, he said. Expected 2025 net income is about €2.4 ...
Source: BestWire   Date: November 11, 2024
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Net-Zero Alliance Hit With More Defections Amid US Concerns Over Legality
... Insurance Group and Munich Re (BestWire, May 22, 2023). The NZIA currently has 23 member companies, according to its website. An effort to reach the NZIA was not immediately ...
Source: BestWire   Date: May 25, 2023
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Scor Receives Approval to Open Composite Branch in India
India (Best's News Service, Nov. 23, 2016). A foreign reinsurer needs three levels of licenses, R1, R2 and R3, from the regulator to operate a local branch. Munich Re said it ...
Source: BestWire   Date: December 28, 2016
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Fla. Regulators: Hannover Re (Bermuda) Approved to Post Lower Collateral
Hannover Re (Bermuda) Ltd. has become the third foreign property/catastrophe reinsurer to be allowed to post a lower amount of collateral in Florida. This follows Hannover Re, the ...
Source: BestWire   Date: September 29, 2010
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Shanghai Rises as Key Market for Foreign Reinsurers in China
China Reinsurance (Group) Corp. -- which has two subsidiaries, China Property and Casualty Reinsurance Co. Ltd. and China Life Reinsurance Co. Ltd. Among those foreign reinsurers, ...
Source: BestWire   Date: June 8, 2010
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Lloyd's China Gets Regulatory Clearance for Direct Insurance Business
China Insurance Regulatory Commission. "This is very significant development for both Lloyd's and the Chinese insurance market," said Lloyd's Chairman Peter Levene in a statement. ...
Source: BestWire   Date: May 20, 2010
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Swiss Re International Eyes Commercial Insurance in Shanghai
... Total cumulative insurance claims in Shanghai were nearly 4.2 billion yuan at the end of March, representing a year-on-year reduction of 591 million yuan, or 12.34%. Of the total ...
Source: BestWire   Date: May 5, 2010
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Organic Growth, Market Centralization Are Keys to Hannover Re's China Expansion
Both business lines are now based in Shanghai. "The primary market [in China] looks very promising, with continuously increasing demand for reinsurance products and a slowdown of ...
Source: BestWire   Date: November 10, 2009
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European Insurers Optimistic About Solvency II Proposal
Solvency II directive has been greeted positively. "Hannover Re is appreciative of the directive for Solvency II," spokesperson Gabriele Handrick said. "We see additional business ...
Source: BestWire   Date: July 16, 2007
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Hannover Re’s Zeller: Capital Effects of Solvency II Still Unclear
International Insurance Society in Berlin. While there will be a freeing up of solvency capital as a result of Solvency II, Zeller said, the attitude of the rating agencies toward ...
Source: BestWire   Date: July 11, 2007
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Hannover Re Wins Life/Health License in China
Islamic reinsurance company based in the Persian Gulf state. Hannover Re Takaful will be the principal underwriter of Hannover Re's worldwide retakaful business, focusing mainly on ...
Source: BestWire   Date: November 13, 2006
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NAMIC Panel Weighs Pros and Cons of Alien Reinsurer Collateral
Insurance Companies convention in Tampa, Fla. At issue was whether or not foreign reinsurers should have to continue posting collateral to do business in the United States. ...
Source: BestWire   Date: September 20, 2006
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Australian Regulator Launches Probe Into General Re Transactions
General Reinsurance Corp.'s Australian affiliate will be investigated by that country's financial regulator as part of a wider probe into financial and finite reinsurance ...
Source: BestWire   Date: April 14, 2005
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Non-U.S. Reinsurers Meet Resistance in Bid for Collateralization Compromise
National Association of Insurance Commissioners. But with strong opposition by U.S. reinsurers, and members of the NAIC lining up on different sides of the issue, the matter is ...
Source: BestWire   Date: January 20, 2005
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Liquidators of Australia's HIH Gain Extension to Probe Claims
Australian insurer HIH Ltd. to investigate claims against four companies, in an ongoing effort to recoup funds to pay HIH's obligations. The New South Wales Supreme Court granted ...
Source: BestWire   Date: March 11, 2004
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Regulator to Appeal Gerling Ruling; HDI Buy-out Talks End
Gerling Global Re business. At the same time, Gerling said its shareholders decided to end months of negotiations for the sale of part of its business to HDI, parent of Hannover ...
Source: BestWire   Date: April 3, 2003
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Gerling Chairman Quits as Regulator Blocks Sale of Reinsurance Unit
Global Re to investment firm Global Management GmbH. The financial-services regulator cited the absence of a "viable business concept" in reaching its decision, Gerling said. ...
Source: BestWire   Date: March 3, 2003
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