Hannover Life Reassurance Company Of America

Hannover Life Reassurance Company of America, also known as Hannover Re, is a reinsurance company based in Hannover, Germany. It is the third-largest reinsurance group in the world, with a gross premium of around €33 billion. The company was founded in 1966 and transacts all lines of property & casualty and life & health reinsurance. Hannover Re has a network of over 170 subsidiaries, branches, and representative offices on all five continents and employs more than 3,000 staff. The company’s German business is written by the subsidiary E+S Rück. Hannover Re transacts reinsurance in the business groups Property & Casualty and Life & Health. The majority shareholder of Hannover Re is Talanx AG with 50.2% of the voting rights. The remaining shares are held by institutional or private investors.