EQS-News: Hannover Re combines cyber and digital underwriting expertise in new specialty reinsurance business unit
Hannover, 26 March 2024: Hannover Re will combine its global business in the areas of cyber and digital to further strengthen its underwriting expertise by creating a new specialty reinsurance business unit.
- Hannover, 26 March 2024: Hannover Re will combine its global business in the areas of cyber and digital to further strengthen its underwriting expertise by creating a new specialty reinsurance business unit.
- Effective 1 April 2024, the new business unit will further enhance Hannover Re’s position as a trusted business partner for insurtechs and clients seeking coverage for cyber risks both in treaty and facultative reinsurance.
- Especially reinsurance coverage of cyber business benefits from a centralised approach on a portfolio-level with regards to diversification, accumulation and cycle management.
- The new unit will be located in Hannover and consists of Hannover Re’s highly experienced underwriters and experts in cyber and digital risks.