Hannover Re voted best overall reinsurer in North America three times in succession
Hannover, 27 May 2008:
In a broker survey conducted by the highly regarded US-based Flaspöhler Research Group Hannover Re has been voted best overall reinsurer in North America for the third time in succession – following on from 2004 and 2006.
"This result underscores the continuity of Hannover Re's underwriting and service over a timespan of six years. It is all the more remarkable inasmuch as we scored so highly in both hard and soft markets", Chief Executive Officer Wilhelm Zeller noted.
More than 400 experts from leading brokerage houses responded to the survey. Hannover Re left the second-ranked player trailing by a good 10 percentage points. This year the survey evaluated 32 reinsurers active in the US market, the largest in the world; in 2006 the figure was 28.
The findings of the Flaspöhler survey take on added significance in view of the fact that 70% of US non-life reinsurance business is placed through brokers.