Hannover Re

Hannover Reinsurance Group Africa (Pty) Limited was founded some 50 years ago. It is a 100% subsidiary of Hannover Ruckversicherung AG, one of the five largest reinsurance groups in the world, with a strong rating from both AM Best and Standard and Poors.

Hannover Re Group Africa aims to be the most diversified and profitable reinsurance group in Africa, operating with the highest degree of authority and capacity. The Group operates in four business segments: Life and Health, Property and Casualty, Strategic Investments and Specialty Insurance.

A characteristic of Hannover Re Group Africa which makes it the ‘Somewhat different reinsurer’ in the South African market is its strategy to obtain above average profitable reinsurance premium from specialist underwriters like MUA Insurance.