As of 1 January 2023, Hannover Re has been approved as reciprocal reinsurer in 51 US states and thus does not need to provide US-collateral for treaties written on or after 1 January 2023 (on a prospective basis). For pre-reciprocal status contracts in the US, Hannover Re maintains its certified and trusteed reinsurer status with collateral provided via multi-beneficiary trust funds.
Loading ...
Certified reinsurer status | Approval date | Collateral percentage |
---|---|---|
Hannover Rück SE | ||
Alabama | 2014-07-01 | 10% |
Alaska | 2021-01-01 | 10% |
Arizona | 2016-04-22 | 10% |
Arkansas | 2016-01-01 | 10% |
California | 2014-01-01 | 10% |
Colorado | 2015-10-01 | 10% |
Conneticut | 2014-05-22 | 10% |
Delaware | 2014-10-01 | 10% |
Florida | 2015-01-01 | 10% |
Georgia | 2014-04-17 | 10% |
Hawaii | 2017-01-01 | 10% |
Idaho | 2018-12-10 | 10% |
Illinois | 2021-01-01 | 10% |
Indiana | 2016-03-15 | 10% |
Iowa | 2014-09-23 | 10% |
Kentucky | 2021-10-11 | 10% |
Lousiana | 2014-10-01 | 10% |
Maine | 2015-05-12 | 10% |
Maryland | 2015-03-27 | 10% |
Massachusetts | 2017-08-02 | 10% |
Michigan | 2019-07-01 | 10% |
Minnesota | 2019-07-01 | 10% |
Mississippi | 2017-01-01 | 10% |
Missouri | 2015-01-01 | 10% |
Montana | 2017-04-05 | 10% |
Nebraska | 2016-06-20 | 10% |
Nevada | 2018-12-19 | 10% |
New Hampshire | 2014-07-01 | 10% |
New Jersey | 2013-10-31 | 10% |
New Mexico | 2019-02-20 | 10% |
New York | 2012-09-18 | 10% |
North Carolina | 2019-05-15 | 10% |
North Dakota | 2016-04-29 | 10% |
Ohio | 2015-07-01 | 10% |
Oklahoma | 2017-07-14 | 10% |
Oregon | 2021-01-01 | 10% |
Pennsylvania | 2014-12-01 | 10% |
Rhode Island | 2015-04-13 | 10% |
South Carolina | 2019-10-08 | 10% |
South Dakota | 2018-01-01 | 10% |
Tennessee | 2018-10-01 | 10% |
Texas | 2018-11-20 | 10% |
Utah | 2017-10-16 | 10% |
Vermont | 2015-07-01 | 10% |
Washington | 2016-05-23 | 10% |
West Virginia | 2020-02-01 | 10% |
Wisconsin | 2018-01-01 | 10% |
Wyoming | 2018-04-24 | 10% |
Hannover Re (Bermuda) Ltd. | ||
Florida | 2015-01-01 | 10% |
New York | 2012-09-18 | 10% |