Swiss Re Insurance-Linked Fund Management

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Hannover Re grows retrocession protections by 56% at January renewals

8th February 2023

During a January 1st renewal season the reinsurer describes as a very challenging market environment for all participants, Hannover Re secured an increase in natural catastrophe retrocession, including the expansion of its capital markets backed K-Cessions quota share sidecar facility of almost 85% to $831 million, the biggest it’s ever been.

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