Hannover Re increases K6 transaction


Hannover Re has announced that it has increased the volume of its K6 transaction (originally issued in 2009). K6 is comprised of portfolios of non-proportional reinsurance treaties in property catastrophe, marine and aviation lines.

The transaction has been upped by the maximum targeted amount of $152m and now represents a total volume of $329m. The additional capital was secured from both existing investors and also investors new to this particular transaction. Hannover Re stated that investor demand outstripped supply which is again a good indicator of demand for these assets now the market has recovered.

The full press release from Hannover Re can be found here.

Artemis London 2022 - Insurance-linked securities conference in LondonRegister to attend Artemis London 2022, our first ILS conference in London. Sept 6th, 2022.

Tickets are now on sale.

Secure your place at the event here!

Print Friendly, PDF & Email

Artemis Newsletters and Email Alerts

Receive a regular weekly email newsletter update containing all the top news stories, deals and event information

  • This field is for validation purposes and should be left unchanged.

Receive alert notifications by email for every article from Artemis as it gets published.