Global reinsurer Hannover Re has seen continued success in its business servicing and facilitating transactions in the collateralised reinsurance and insurance-linked securities (ILS) market in the first-half of 2024, with it notably beating its own full-year record for catastrophe bond limit fronted for already this year.
In recent years, Hannover Re has become one of the most important facilitators within the global insurance-linked securities (ILS) market.
Its work sees the reinsurer helping cedents with their catastrophe bond transactions, by fronting the capital markets, and also utilising its balance-sheet to help other ILS fund managers and investors access reinsurance and retrocessional risk in collateralised form.
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