HVRRY News and Press, Hannover Rueckversicherung SE ADR From 04/08/21

Losses and IBNR reserves related to the COVID-19 coronavirus pandemic reported by major insurance and reinsurance companies have risen significantly during the first-quarter of 2021. PeriStrat has been forecasting that the total could settle somewhere up to the US $50 billion mark, a ...

Q1 2021 issuance of catastrophe bonds and related ILS reached $4.63 billion, as detailed in our new quarterly market report which was published last week. Taking just 144A publicly traded catastrophe bonds covering property, specialty, life and other risks, as well as private cat bond...

The reinsurance firm warns that the global industry may not be far off a USD 250 billion to USD 300 billion industry loss year when it experiences a peak-loss inducing hurricane season and multiple secondary peril events in the same calendar period. Natural catastrophe events accounte...

The following slide deck was published by Hannover Rück SE in conjunction with their 2020 Q4 earnings call. For further details see: Hannover Rück SE 2020 Q4 - Results - Earnings Call Presentation

Hannover Rueck SE (HVRRF) Q4 2020 Earnings Conference Call March 11, 2021, 08:00 ET Company Participants Jean-Jacques Henchoz - CEO & Chairman Clemens Jungsthofel - CFO Sven Althoff - Member, Executive Board Klaus Miller - Member, Executive Board Conference Call Participants Vikram Gandhi...

The ongoing winter storm event in the United States, named winter storm Uri, is thought likely to become the largest winter storm loss on record for the insurance and reinsurance industry. The Texas insurance regulator said it could have a bigger impact than hurricane Harvey. Whet...

Swiss Re reported its full-year 2020 results. Highlighted $3.9 billion of losses from the COVID-19 pandemic and $1.7 billion from what it called a higher frequency of natural catastrophe events. Swiss Re also provided a forecast for a further up to $500 million of pandemic related...

Insurance-linked securities market participants, as well as wider insurance and reinsurance related interests, are increasingly focused on environmental, social and governance issues and embracing positive ESG principles and processes within their business models. ESG is set to create...

Suncorp said today that its catastrophe losses for the first half of its financial year, to the end of December 2020, reached $516 million. Suncorp has a strong reinsurance program in place, with its main catastrophe program and aggregate protection, as well as 3 drop-down covers and ...

IAG had already fully eroded its deductible for the calendar year catastrophe aggregate reinsurance protection it had in place for 2020 by the end of June. The A$90 million of recoveries came largely after the second-half of 2020 impacts of A$290 million of catastrophe losses. The...