In the 1970’s the first Australian contract was written by Hannover Re.
Hannover Rückversicherung AG - Australian Branch (ABN 88 002 927 031) was registered as a foreign corporation in Australia in 1985 and since 2013 trades as Hannover Rück SE – Australian Branch as an APRA regulated entity.
HR appointed Littlewoods Services Pty. Ltd. to provide management, administration and accounting services in respect of HR’s Australian operations from inception of the Branch.
Ross Littlewood was appointed Agent and Attorney in Australia in 1992.
Littlewoods Services Pty. Ltd.’s office premises are situated at Level 21, Australia Square Building, Sydney.
The Australian Branch underwrites Property & Casualty Treaty and Facultative business.
The underwriting team holds separate office premises at Bond Street 12, Sydney.
The Senior Officer Outside Australia (SOOA) responsible for the Australian Branch based in Hannover is Michael Marx.
The SOOA warrants oversight of the Australian Branch through the Coordinating Market Department (CMD) in Hannover, headed by the General Manager Michael Harms.
Today Hannover Re is the 3rd largest P&C reinsurer in Australia.
At Hannover Re we claim to be somewhat different and our Australian operation truly lives up to this. Our core values and strategies include:
- Local expertise combined with global knowledge
- Long term relations with our business partners
- Strong focus on profitability rather than volume
- Outstanding speed and quality of service to our business partners
- Lean and efficient organization and cost structures
The combination of local accessibility and global knowledge allows us to provide flexible, innovative and competitive reinsurance solutions for our business partners.