in German Hannover Rückversicherung AG
, with gross premium of around €9
billion in 2006, is one of the five largest reinsurance
groups in the world. Its headquarters are in Hannover
The company was founded in 1966 under the name Aktiengesellschaft für Transport und Rückversicherung (ATR).
It transacts all lines of non-life and life & health reinsurance. It maintains business relations with more than 3,000 insurance companies in about 150 countries. Its worldwide network consists of more than 100 subsidiaries, branch and representative offices in 19 countries.
The rating agencies most relevant to the insurance industry have awarded Hannover Re very strong insurer financial strength ratings (Standard & Poor's AA- "Very Strong" and A. M. Best A "Excellent").