Hannover Re pauses underwriting in Russia
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Hannover Re pauses underwriting in Russia

Hannover Re logo Hanover Germany.jpg

Hannover Re has paused the underwriting of all new and renewal business in Russia and Belarus in response to the invasion of Ukraine.

In its earnings call earlier today, the company said it was “too early” to determine losses from the war, although board member Sven Althoff said its reinsurance programme in Russia and Ukraine was "relatively small” and “not very material”.

Hannover...

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