Hannover Re trims retro cover: K-cession ILS down after ‘strong’ payout

Hannover Re reduced its retrocession cover entering 2024, trimming the role for third party investors in its K-cessions program and letting a prior cat swap fade away while holding the more traditional elements of its program largely unchanged.

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Hannover Re trims retro cover: K-cession ILS down after ‘strong’ payout

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