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Archive 1997

[ 1997-12-16 ]
A.M. Best confirms top rating for Hannover Re The US rating agency A.M. Best has confirmed the financial strength and solvency of both Hannover Re and its subsidiary E+S Rück.

[ 1997-10-17 ]
Hannover Re share now also traded in the USA Hannover Re is the first German reinsurer to trade its shares in the USA in the form of American Depositary Receipts (ADR).

[ 1997-10-06 ]
Hannover Re ratings confirmed following acquisition of Skandia International's portfolio Following Hannover Re's acquisition of the active portfolio of Skandia International Insurance Company, Stockholm, the US rating agencies Standard & Poor's and A.M. Best

[ 1997-07-30 ]
Hannover Re hardly affected by Oder floods The flooding along the banks of the river Oder in eastern Germany are causing increasingly heavy losses with damage running into billions of German marks.

[ 1997-07-17 ]
Flooding in Poland and the Czech Republic The extreme flooding in parts of Poland and the Czech Republic has resulted in severe damage. In Moravia and northern Bohemia the damage to the local economy has so far run into billions of crowns.

[ 1997-04-10 ]
Successful renewal of business under difficult conditions Slight growth in 1997 despite keen competition; Niches in market secure profitability.

[ 1997-03-07 ]
A new manual for "Dread Disease" insurance products Following the successful launch of the "Dread Disease" insurance product in Great Britain a few years ago, i.e. a product that can insure against serious illnesses, E+S Rück, a subsidiary of Hannover Re, have developed a new enhanced personal accident insurance product for the German market.

[ 1997-01-13 ]
Floods in the U.S.A. once again