From a strategic standpoint, it is absolutely essential for us to position Hannover Re in the market in such a way that we...
Read moreFrom a strategic standpoint, it is absolutely essential for us to position Hannover Re in the market in such a way that we can operate successfully in the prevailing more challenging business climate. In so doing, we must consider not only the necessary short-term success, but also lasting success from the medium- and long-term perspective. This was a point of emphasis in formulating our vision for the new strategy cycle 2015 to 2017 – "Long-term success in a competitive business".
Hannover Re, with gross premium of more than EUR 17 billion, is the third-largest reinsurer in the world. We...
Read moreHannover Re, with gross premium of more than EUR 17 billion, is the third-largest reinsurer in the world. We transact all lines of property & casualty and life & health reinsurance and are present on all continents with roughly 2,500 staff. Established in 1966, the Hannover Re Group today has a network of more than 100 subsidiaries, branches and representative offices worldwide. The German business of the Hannover Re Group is transacted by our subsidiary E+S Rück.
Our vision: Long-term success in a competitive business. Excellent solutions for our business partners are the basis...
Read moreOur vision: Long-term success in a competitive business. Excellent solutions for our business partners are the basis to strengthen and further expand our position as a leading, globally operating reinsurance group. This will enable us to deliver a long-term sustainable profitability and being one of the most profitable reinsurers worldwide. We enlarge the scope of our business by creating new business opportunities from emerging risks.
A Chinese proverb says: “To open a shop is easy; to keep it open is an art”. Rightly so: regulatory hurdles and intense...
Read moreA Chinese proverb says: “To open a shop is easy; to keep it open is an art”. Rightly so: regulatory hurdles and intense competition have long made China a challenging target market. Yet Hannover Re has been involved in this market for more than forty years, with its oldest treaty dating back to 1971. It has had a local presence for some 25 years: in Hong Kong since 1990 with a service office and since 1999 with a branch, and also in Shanghai since 2008 with another branch. Today, our staying power is paying off: Hannover Re has expanded vigorously in China over the past ten years.
People with a healthy lifestyle are – at least statistically speaking – less susceptible to disease and disability...
Read morePeople with a healthy lifestyle are – at least statistically speaking – less susceptible to disease and disability. Lifestyle programmes are designed to motivate people to live a healthy life. This means that insurers can grant premium discounts, extend the scope of coverage or offer attractive rewards – while at the same time having to make lower claims payments. Hannover Re participates in such lifestyle programmes, contributing its know-how and helping its customers to carry the risk. The concepts developed for the South African market have the potential to grow into the largest incentive-based scientific wellness programme in the world; they have already been successfully adopted in other countries.
Hannover Re is "somewhat different" in many respects. Our business involves a complex interplay between numerous...
Read moreHannover Re is "somewhat different" in many respects. Our business involves a complex interplay between numerous different areas. That is why people from more than 40 nations and a diverse range of specialist disciplines work for our company: mathematicians, economists, business experts, legal practitioners, engineers, medical professionals, meteorologists, physicists, etc. The uncomplicated dialogue between colleagues and supervisors and streamlined access to decision makers are a top priority for us. Feedback is given quickly and directly. After all, despite state-of-the-art communication technologies practice shows us that short hierarchical channels are especially conducive to the successful transfer of knowledge.
Supporting contemporary art has traditionally been a cause for Hannover Re. In 1991, to mark the company's 25th...
Read moreSupporting contemporary art has traditionally been a cause for Hannover Re. In 1991, to mark the company's 25th anniversary, Hannover Re set up a foundation to benefit the Sprengel Museum in Hannover. The foundation's mission is to support art in Hannover through the acquisition of contemporary paintings and sculptures which are loaned to the Sprengel Museum. In 2014 the Hannover Re Foundation acquired the sculpture "Another Twister" by the American artist Alice Aycock, which was installed in front of the Sprengel Museum to mark the opening of the new museum extension in September 2015.
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