Hannover Re expects three digit loss for Hurricane Melissa but says will land below unused Q3 budget

Share!

Reinsurance News - Nov 10, 2025

Global reinsurer Hannover Re expects to book a three digit loss for Hurricane Melissa, but is confident that its share of loss from the event will be less than the roughly €450 million of unused third quarter large loss budget. This morning, Hannover Re reported net expenditures for large losses of...

Read Full Article

Recommended Articles

P&C profitability nears peak amid rising competition and strong balance sheets, says Moody’s

Posted: Mar 30, 2026

According to Moody’s Ratings, a provider of credit ratings and risk analysis, profitability in...

Commodity prices rise due to Middle East conflict: Coface

Posted: Mar 30, 2026

The conflict in the Middle East is causing commodity prices to soar, driven by disruptions to the su...

Howden Re boosts Latin America and Caribbean offering with senior hires

Posted: Mar 30, 2026

Howden Re, the global reinsurance, capital markets and strategic advisory arm of Howden Group, has a...