Kaith Re Ltd., the transformer vehicle owned by global reinsurance firm Hannover Re, has issued seven series of private catastrophe bond notes, all Seaside Re (Series 2025), for a total of $84 million of notes sold to investors.Hannover Re remains a key facilitator to ILS market participants and its clients, through the matching of reinsurance … Read more
Global reinsurer Hannover Re has appointed Angela Jaramillo as an Associate Underwriter within its Capital Markets and insurance-linked securities (ILS) team.Jaramillo, has been with the reinsurer since 2021, having most recently served as an Associate Underwriter for the company’s property and casualty (P&C) Treaty Underwriting team for Latin America, Spain and Portugal. In addition, Jaramillo … Read more
For global reinsurer Hannover Re, the business of collateralized fronting, where the company fronts reinsurance cedents for ILS investors and funds, is seen as a very important element of its business and an area of growth, executive Thorsten Steinmann said this week.Speaking during a briefing held at the Baden Baden reinsurance meeting in Germany, Steinmann … Read more
Artemis has realized that world reinsurance firm Hannover Re is assessing its danger administration want in relation to the Ok-Cessions quota share sidecar for the second 12 months working and we’re informed different main reinsurers might also pursue this method, as firms handle their portfolios and are motivated to retain worthwhile dangers.Reinsurance sidecars are core … Read more
