Life and Health Reinsurance
Life reinsurance is a strategic growth segment for Hannover Re. All activities are carried out under the Hannover Life Re® brand name. In this business group Hannover Re structures its customer relationships as long-term partnerships with the goal of designing needs-oriented solutions to its clients' individual problems.
Life reinsurance is transacted on the basis of a five-pillar model:
- Financial solutions (financing transactions/block assumption transactions)
- Pioneering new markets, especially using product partnerships (senior citizens' market, ReTakaful market)
- Bancassurance
- Preferred partner of major international insurance groups
- Conventional risk transfer in selected markets and customer segments
By the end of the decade Hannover Re has set itself the goal of advancing to become one of the world's three largest active life reinsurers with above-average profitability.
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