The registered company name is changed from Hannover Rckversicherungs-AG to Hannover Rckversicherung AG. The Hanover Insurance Company. Hannover Re also has its own art collection, which is continually expanded through purchases. The international network for life and health business is enhanced by new branch offices in Seoul, South Korea and Shanghai, China and a new subsidiary - Hannover Life Reassurance Bermuda Ltd. - in Bermuda. 24018, 520 Pike Street NH This German corporation or company article is a stub. Talanx is a German multinational financial services company headquartered in Hanover, Germany. External links to the German websites of Ampega Investment Group. Effective 16 January 2004, the company is renamed Hannover Reinsurance (Dublin) Ltd. HANNOVER RE SERVICES USA, INC | 3 followers on LinkedIn. Alleghany was founded in 1929 and is based in New York, New York. Columbia, Roseville, San Francisco, 20190, 1819 Electric Road Hannover Re has 17 team members, including current Chief Executive Officer, Jean-Jacques Henchoz. Syracuse, Its core businesses are reinsurance, insurance and asset management. 48843, 4100 Embassy Drive Southeast VA The registered company name is changed from "Hannover Rckversicherungs-AG" to "Hannover Rckversicherung AG". Suite 2C18 13212, 13925 Ballantyne Corporate Place 53045. The groups German business is written by the subsidiary E+S Rck. Find a local agent here. Hannover Re Ag stock photos are available in a variety of sizes and formats to fit your needs. Citizens Insurance Company of Ohio. Kansas City, MO 64112. Clarendon Insurance Group, Inc. concentrates on management of around 200 terminated programs and existing commodity business. [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 Brazil. In 1994, Hannover Re went public. The firm's main products include a Protection Platform and a Decision Platform. SCOR (Euronext: SCR) operates as a global reinsurance company. HDI Global SE HDI-Platz 1 30659 Hannover / Germany. It transacts all lines of property/casualty and life & health reinsurance and is present on all continents with more than 3,000 staff. Franklin Township, ME Topics Suite 110 By continuing to use this site you are consenting to these choices. 66213, 4 Bedford Farms Drive Their latest portfolio exit was Somerset Re on June 06, 2022. View contacts for Hannover Re to access new leads and connect with decision-makers. Hannover Re is headquartered in Hannover, Germany. The Hannover Re Group today has a network of more than 170 subsidiaries, affiliates, branches and representatvie offices worldwide. Suite 250 Since 2014 there has also been an exhibition series entitled "Meisterschler" (Master Students) in cooperation with the Braunschweig University of Fine Arts.[11]. The successful development of the Group's asset portfolio is a testimony to its insurance-specific asset management expertise. It is the third-largest reinsurance group in the world, with a gross premium of around 33 billion. Hannover Re is a reinsurance company that transacts all lines of property, casualty, life, and health reinsurance. CB Insights Intelligence Analysts have mentioned Hannover Re in 1 CB Insights research brief, most recently on Jul 21, 2020. LA HDI Global Specialty SE HDI-Platz 1 Get a quote. site you are consenting to these choices. [6], Members of the Executive Board:[7] Reinsurance. Joint management is established with the affiliated company Eisen und Stahl Rckversicherungs-AG which was founded on 23 August 1923 in Cologne. Looking for an insurance agent? Hannover Re is very well positioned in the established and emerging reinsurance markets worldwide. Previously, she was with the Allianz Group for more than 30 years in a variety of underwriting and operations roles most recently as global head of Operations at Allianz Global Corporate & Specialty SE. 94105, 1025 Creekside Ridge Dr The Hanover Casualty Company. In the 1970s, the company entered the US and Japanese markets. Copyright 2023 CB Information Services, Inc. All rights reserved. Highlights Stock Symbol XETR:HNR1 Lead Investments 3 Investments 10 Exits 1 Funding Hannover Re is registered under the ticker ETR:HNR1 . HRI is part of the Hannover Re Group. 46240, 111 Veterans Boulevard NJ Richmond, The Hanover American Insurance Company. The task of the foundation is to acquire contemporary works of art and make them available to the Sprengel Museum on permanent loan. The operational insurance business is conducted by the Group companies of the Talanx Group. The 32.5% quota share arrangements are an important part of IAGs capital structure, providing certainty for the next five to seven years. Their latest acquisition was Argenta Holdings on March 22, 2017. In 2012, a block transaction for longevity risks in the United Kingdom consisting of pension obligations cements Hannover Res leading position in the longevity risks market. Navigating the Current Hard Market, Who is Paying for This? Aon (NYSE: AON) provides risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing services for clients using proprietary data and analytics. Their appointments will take effect from Jan. 1, 2022. Suite 500 Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. The remaining shares are held by institutional or private investors. 03110, 300 Atrium Drive, 3rd Floor Hannover Re reaches agreement on the sale of all operational companies of its US subsidiary Clarendon Insurance Group, Inc., New York, to the Bermuda-based Enstar Group Ltd., Hamilton. The Hanover Insurance Company More info. % of people found this article valuable. Hannover Rckversicherung AG receives the admitted reinsurer license for Brazil by the Brazilian Supervisory Authority SUSEP. VA Suite 1012 Dallas, 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. Function: require_once, Message: Undefined variable: user_membership, File: /home/ah0ejbmyowku/public_html/application/views/user/popup_modal.php We offer a national foundation of products and services with a locally-deployed team to help create the best insurance experience for our agent partners and customers. He has worked as an underwriter at the Talanx Group since 1987, holding a number of management positions at Hannover Re since 1994. The transaction underscores the companys strategic positioning as a pure reinsurer. Browse Getty Images' premium collection of high-quality, authentic Hannover Re Ag stock photos, royalty-free images, and pictures. and P&C reinsurance business. Hannover Re implements a stock split 3:1 which will serve to substantially reduce the market price of a single share, thereby rendering the share more accessible to a broader range of investors. NY History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events. The Hanover National Insurance Company. Yves Betz, who is currently responsible for Europe (without Germany), Americas and Global Marketing, is leaving the company for personal reasons to take up a new professional challenge. As a consequence of the merger, ATR's head office is relocated to Hannover. Under our cooperation agreement we shall continue to support HDI Global Specialty with our expertise as a long-term reinsurance partner, which also means that we can still share substantially in the growth of the portfolio through our participation in the reinsurance programme., With our acquisition of the remaining shares we are another step closer to achieving our goal of building one of the best and most profitable specialty insurers on the world market, said Dr. Edgar Puls, a member of the Board of Management of the Talanx Group and chief executive officer of HDI Global SE. November 12, 2021 Email This Subscribe to Newsletter Hannover Re is selling its 49.8% stake in the joint venture HDI Global Specialty SE to the majority shareholder HDI Global SE, effective. It offers group and individual, retirement and lifestyle, credit life, and Takaful insurance. In 1994, Hannover Re went public. In December, Hannover Re can announce the sale of Praetorian Financial Group, Inc., New York, to QBE Insurance Group Ltd., Sydney, Australia. It is the third-largest reinsurance group in the world, with a gross premium of around 33 billion. The companys share capital amounts to DEM 5 million, gross written premium amounts to 0.05 million. The deal has allowed IAG to have up to A$169m ($113m) of event retention for a first and second event. Hannover Re is selling its 49.8% stake in the joint venture HDI Global Specialty SE to the majority shareholder HDI Global SE, effective Dec. 31, 2021. Line: 24 The Group's German business is written by the subsidiary E+S Rck. 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). Claims service or call 800-628-0250. The Hanover Atlantic Insurance Company Ltd. HDI Haftpflichtverband der Deutschen Industrie V.a.G., Hannover, merges with FSV. IL Grand Rapids, It complements the acquisition of the ING life reinsurance portfolio in 2009 and further strengthens Hannover Res traditional US life business. In 1990, the acquisition of Hamburger Internationale Rckversicherungs-AG followed. It is the third-largest reinsurance group in the world, with a gross premium of around 33 billion. life and life reinsurance business. Alleghany (NYSE: Y) is a property and casualty insurance company that owns and manages subsidiaries that operate reinsurance and insurance operations. Hannover Re is a company that operates in the Insurance industry. IT Client Prospector provides intelligence on Hannover Ruck SEs likely spend across technology areas enabling you to understand the digital strategy. PA It markets and sells products through brokers and direct channel. Hannover Ruck SE (Hannover Re), a subsidiary of Talanx AG, is a provider of reinsurance products and services. Santa Ana, The Americas: Bogot, Denver, Hamilton, Itasca, Mexico City, Orlando, Rio de Janeiro, Toronto
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