DGAP-News: Hannover Re transfers record volume of catastrophe bonds to the capital market
"Almost 30 years ago Hannover Re was one of the market pioneers for the securitisation of insurance risks.
- "Almost 30 years ago Hannover Re was one of the market pioneers for the securitisation of insurance risks.
- Last year, Hannover Re facilitated for its customers the placement of covers against losses from natural disasters such as floods, storms, earthquakes and wildfires on the capital market.
- The volume of the individual catastrophe bonds ranged from USD 30 million to USD 575 million.
- For 2022, Hannover Re expects to see an increased market volume for both catastrophe bonds and collateralised reinsurance.