PROFILE |
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Hannover Rückversicherungs (Hannover Re) is the second-largest German reinsurance company (Munchener Rückversicherungs-Gesellschaft, better known as Munich Re, is #1) and the fifth-largest in the world. The company and its subsidiaries have operations in Africa, Australia, Asia, Europe, and North America. Reinsurance lines include property/casualty, financial, and life and health. US-based Clarendon Insurance writes program business, focused on non-standard business and hard-to-place risks. Hannover Re is 75% owned by mutual insurance group HDI Haftpflichtverband der Deutschen Industrie.
COMPETITION |
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Allianz AG (AZ)
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft (MUV)
Swiss Reinsurance Company (RUKN)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 4,905.90
1-Yr. Sales Growth: (2.9)%
Employees: 1,518
Revenue per employee: $3,231,818.18
KEY PEOPLE |
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Wilhelm Zeller
CEO
Herbert K. Haas
CFO
CONTACT INFO |
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Karl-Wiechert-Allee 50
30625 Hanover, Germany
Phone: 49-511-5604-0
Fax: 49-511-5604-1188
Online: Web Site
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