- Encompasses our property and casualty markets in Central and South America including Spain and Portugal
- Bears responsibility for business from the major Hannover Re shareholder as well as the shareholders of E+S Rück (our reinsurer for the German market)
- Agriculture business worldwide
- ReTakaful reinsurance business
- Underwriting both, centrally and decentrally, using travelling underwriters and local offices
Germany treaty reinsurance
With its exclusive focus on German insurers, Hannover Re's majority owned and fully integrated subsidiary E+S Rückversicherung AG is the dedicated reinsurer of choice for more than 100 cedants in our home market. E+S Rück's roots date back to 1923. It is licenced to write all lines of business including life and health.
Austria, Switzerland and Italy treaty reinsurance
Our Hannover office is writing treaty business for Austria, Switzerland and Italy with support for the latter from our office in Milan.
Latin America and Iberian Peninsula treaty reinsurance
Property and casualty treaty business from the above geographical areas is written from our office in Hannover with support from our representative office in Rio de Janeiro and our service company in Madrid. Our expertise and organisation ensure that we play a leading role as reinsurers in these areas.
Agricultural risks reinsurance
In the specialised area of agricultural, bloodstock and livestock insurance, the detailed expertise offered from our agronomists and veterinarians complements the reinsurance support. This allows the selection of profitable business on the one hand and ensures the development of customer orientated and innovative solutions on the other hand.
Hannover ReTakaful is a fully Sharia-compliant company, based in Bahrain, that provides reinsurance of Takaful companies worldwide in all lines of business, on a proportional, non-proportional and facultative basis. With the establishment of Hannover ReTakaful in 2006, Hannover Re was the first of the major reinsurance groups to devote itself to the emerging Islamic insurance market with its own exclusive fully Sharia-compliant retakaful operation. Currently, Hannover ReTakaful's clients are spread worldwide. Hannover Re also established a branch for traditional reinsurance business in Bahrain.