Hannover Re is a global reinsurer headquartered in Hannover, Germany. Founded in 1966, it transacts property and casualty reinsurance as well as life and health reinsurance across international markets. The group is the world's third-largest reinsurer, with gross premiums exceeding EUR 24 billion and around 4,000 employees.
The company's operations span two main lines. Property and Casualty Reinsurance covers P&C risks transacted across international markets, while Life and Health Reinsurance covers life and health risks offered alongside the P&C business. Through the subsidiary E+S Rück, the group also underwrites German property and casualty business; E+S Rück is Germany's second-largest property and casualty reinsurer. Additional areas of work include risk solutions and underwriting, and the development of innovative insurance solutions tailored to client needs.
Hannover Re maintains a network of more than 170 subsidiaries, branches, and representative offices worldwide. The company is rated AA- ('Very Strong') by Standard & Poor's and A+ ('Superior') by A.M. Best. It describes its operating model as partnership-oriented and lean, combining the resources of a major international reinsurer with a streamlined approach, with an emphasis on financial strength and underwriting discipline.
