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6 February 2025Reinsurance

Hannover Re shifts retro cover at 1.1 from ILS partners to XoL treaty

Global reinsurance group Hannover Re has completed its take down of ILS support in its K-cessions programme to its "sweet spot" level but used favourable pricing terms at 1.1 to bolster its excess of loss retro treaty covers, top company officials have indicated.

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