Archive 2003
[ 2003-10-23 ]
Moody's Rating
The rating agency Moody's Investors Service, Inc. announced
today that they have affirmed their insurance financial strength
rating for Hannover Re of Baa1, but have revised the outlook
from 'negative' to 'stable'.
[ 2003-09-08 ]
Reactions Award 2003: Hannover Re named "Reinsurance Company of the Year"
Hannover Re has been named "Reinsurance company of the year 2003" by the highly respected UK trade journal "Reactions". Wilhelm Zeller, Chairman of the Executive Board, accepted the award yesterday at the annual Rendezvous de Septembre in Monte Carlo.
[ 2003-08-29 ]
New head of Corporate Communications
Effective today Eric Schuh is to assume responsibility for Corporate Communications at Hannover Re.
[ 2003-07-11 ]
Clarendon: No major impact of Stirling Cooke court ruling
The British Commercial Court in London released a judgement in the Sphere Drake vs. Stirling Cooke litigation ruling in favour of Sphere Drake. There has been speculation that this ruling might have a major impact on our New York subsidiary, Clarendon Insurance Group. We therefore wish to clarify that the worst-case scenario of this judgement is in the order of USD 15 million.
[ 2003-06-20 ]
Clarification of misinterpretations
Clarification of misinterpretations Mr. Zeller did not declare the end of the hard market Hannover Re has not been downgraded.
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