Life/Health Reinsurance

  • Strongest rise in EBIT of all Group segments (+57%)
  • New subsidiary for life reinsurance opened in Bermuda
  • Branch in China commences operational business in May 2008, further locations in Asia under development

Gross written premium in EUR bn: 2003 = 2.3, 2004 = 2.2, 2005 = 2.4, 2006 = 2.8, 2007 = 3.1;

2003: US GAAP, 2004 onwards: IFRS

Markets, customers and products

We are present on five continents in this segment. As one of the largest life/health reinsurers in the world, we solve our clients’ problems using a holistic approach – from new business financing to strategic market positioning. Our target clients are providers of unit-linked products, bancassurance models in German- and Romance-speaking markets and small to mid-sized niche insurers.

Goals

  • Become one of the three largest life/health reinsurers in the world by 2010
  • Become market leader in the area of financing transactions for life, annuity and personal accident
  • Cultivate growth markets in Asia
  • Strengthen market position in Continental European markets

Sales channels

  • Decentralized worldwide marketing structure
  • Global network
  • Brokers not used

Brands

Logo: Hannover Rück, e+s Rück