Content

Subsidiary Ratings

Ratings of Hannover Re Group's subsidiaries
Company Name A.M. Best

Rating		 A.M. Best

Review Date		 Standard
& Poor's
Rating		 Standard
& Poor's
Review Date
Hannover Rückversicherung AG A 2008-07-16 AA- 2008-10-24
E+S Rückversicherung AG A 2008-07-16 AA- 2008-10-24
Hannover Reinsurance (Ireland) Ltd. A 2008-07-16 AA- 2008-10-24
Hannover Re (Bermuda) Ltd. A 2008-03-20 AA- 2008-10-24
Hannover Reinsurance Ltd. Africa -- -- A 2008-11-20
Hannover ReTakaful (B.S.C.) -- -- A 2008-12-12
Hannover Life Reassurance (Ireland) Ltd. A 2008-07-16 AA- 2008-11-03
Hannover Life Re (UK) Ltd. A- 2007-11-29 AA- 2008-11-03
Hannover Life Reassurance (US) A 2008-07-16 AA- 2008-11-03
Hannover Life Re (Bermuda) Ltd. A 2008-08-19 AA- 2008-11-03
Hannover Life Reassurance of Australasia Ltd. -- -- AA- 2008-11-03
International Insurance Co. of Hannover Ltd. A- 2008-02-15 AA- 2008-10-24
Clarendon Insurance Group A- 2008-06-24 -- --
Clarendon America Insurance Co A- 2008-06-24 -- --
Clarendon National Insurance Co A- 2008-06-24 -- --
Clarendon Select Insurance Co A- 2008-06-24 -- --
Harbor Specialty Insurance Co A- 2008-06-24 -- --