Life and health reinsurance is transacted worldwide under the Hannover Life Re brand. Hannover Life Re is part of the Hannover Re Group. While consistently adhering to exacting quality and profitability criteria, Hannover Life Re – with an internationally diversified portfolio – aims to become the world's third-largest life/health reinsurer and a market leader in financing transactions by the end of the decade.
This is to be accomplished by adopting a holistic approach to solving clients' problems and meeting their needs – which range from company start-ups (new business financing) through financial optimization (block assumption transactions) to issues of strategic market positioning (product partnerships).
Hannover Life Re conducts its business according to a five-pillar model:
- financing of new and in-force business,
- development of new markets and products (such as special products for senior citizens or annuity products),
- bancassurance,
- partnerships with large multinational insurance groups and
- traditional life, annuity, accident and health business
Life and health reinsurance has generated substantially above-average growth over the past ten years. The most significant growth potential in German-speaking markets is offered by life insurers specializing in unit-linked products. Globally speaking, the target clients are primarily small and mid-sized insurers with clear strategic visions. Clients in the bancassurance sector and sales organizations specializing in niche products also belong to the preferred customer group.
External link to the Internet site of Hannover Life Re:
www.hannoverlifere.com
