Advanced Solutions - Our Mission

By: Hannover Re Advanced Solutions  05/12/2011
Keywords: Reinsurance, Balance Sheet

The Risk Environment

The economic, social and legal environments present new challenges to the insurance industry in the 21st century. The impact of natural and man-made catastrophes has increased significantly. The social and legal climate has shifted the financial responsibility to those who can afford the consequences.

Market Forces

Competition has intensified in the insurance industry. Real-time access to information is a major contributory factor. Global financial institutions are extending their product range into traditional insurance businesses. Simultaneously, insurance buyers are demanding a broader approach to risk. As a consequence, traditional reinsurance products alone are no longer sufficient to meet insurers' needs.

Risk Awareness

Reinsurance is purchased as a strategic tool to efficiently protect and manage an insurer's balance sheet. Integrity of the balance sheet is essential in maintaining an insurer's franchise with its policyholders, and with its shareholders and potential investors, who provide the company's capital base. Balance sheet integrity is also the main focus of the rating agencies.

Hannover Re Advanced Solutions

Hannover Re adopts an all-encompassing approach which distinguishes it from the providers of traditional line-by-line reinsurance commodity products. Hannover Re Advanced Solutions focuses on the insurer's key balance sheet figures and ratios. From this base Hannover Re Advanced Solutions designs and underwrites coverages which achieve the insurer's broader objectives. Priorities have shifted to solutions which protect the entire balance sheet.

Keywords: Balance Sheet, Reinsurance

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Other products and services from Hannover Re Advanced Solutions


Advanced Solutions - Our Solutions

They include not only insurance risks, but extend to any financial risks which may negatively affect an insurance company's balance sheet. The solutions assist in optimising capital costs, thus adding another element of flexibility and competitive advantage. Structured Reinsurance covers single or multiple years, whether on an underwriting, accident or calendar year basis.


Advanced Solutions - Our Focus

Unsurpassed experience and flexibility in thinking puts Hannover Re into the position to provide its worldwide clients with Structured Reinsurance to manage the challenges of the future. From an initial emphasis on the US and UK, Hannover Re Advanced Solutions quickly realised that the need for its ideas and products was not confined to those markets.