Hannover Re has set up a pool of facultative risks

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The German reinsurer, Hannover Re, has pooled up its facultative risks into an entity endowed with a capacity of 60 million USD (Fac Re Pool). The move is not designed to cover the reinsurer's portfolio but to provide direct protection to its clients. Hannover Re shall retain 5 million USD per claim.

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Thu, 17/02/2011 - 09:24
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