HDI Reinsurance (Ireland) Ltd.
2 Custom House Plaza, Dublin 2, Ireland; 353-1-612-5715; fax: 353-1-829-1400
1997 1996
Prem. written $163,916,400 $171,176,320
Prem. earned $163,412,700 $173,090,190
Capital/surplus $116,500,750 $105,248,885
Net income $15,146,075 $24,405,500
Losses $129,188,700 $136,522,505
Loss ratio 79% 78.9%
Expenses $43,739,675 $32,840,360
Expense ratio 26.8% 18.9%
Combined ratio 105.8% 97.8%
Treaty 100% 100%
Foreign 100% 100%
Life 3% NA
Non-life 97% 100%
Founded: 1992.
Parent: Haftpflichtverband der Deutschen Industrie V.a.G.
Employees: Eight.
Locations: One domestic.
Specialties: Financial reinsurance, balance sheet protection covers.
Officers: Reinhard Elers, managing director.
Information for HDI Reinsurance (Ireland) Ltd. is included in the consolidated Hannover Re Group listing.
Hannover Re
Karl-Wiechert-Allee 50, Hannover 30625, Germany; 49-511-5604-0; fax: 49-511-5604-188 www.hannover-re.com
1997 1996
Prem. written $2,113,995,550 $1,876,481,040
Prem. earned $2,130,747,025 $1,909,406,520
Capital/surplus* $1,121,038,400 $1,151,704,190
Net income $47,977,425 $50,343,825
Losses $1,353,958,250 $1,302,187,040
Loss ratio 63.5% 68.2%
Expenses $703,189,350 $542,427,865
Expense ratio 33% 28.4%
Combined ratio 96.5% 96.6%
Treaty 95% 97%
Facultative 5% 3%
Domestic 23% 37%
Foreign 77% 63%
Life** 32% 20%
Non-life 68% 80%
* Includes share capital subscription receivable and surplus debenture. ** Includes health business.
Founded: 1966.
Parent: Haftpflichtverband der Deutschen Industrie V.a.G. (HDI).
Subsidiaries: E&S Ruckversicherungs-A.G. (E&S Rueck), Germany; Hannover Life Re of Australasia Ltd., Australia; Hannover Reinsurance (Ireland) Ltd.; Hollandia Reinsurance Group, South Africa; Insurance Corp. of Hannover, United States; International Insurance Co. of Hannover Ltd., United Kingdom; Reassurance Co. of Hannover, United States. Figures from these subsidiaries are not included in the figures above.
Employees: 428.
Locations: One domestic, 17 foreign.
Specialties: Property super catastrophe XL layers, professional liability, surety, fidelity, aviation, marine, credit, life, health, financial reinsurance, alternative risk financing/
securitization.
Officers: Wilhelm Zeller, chairman; Andreas-Peter Hecker, deputy chairman; Wolf Becke; Herbert K. Hass; Udo Schubach; Jurgen Graber, deputy member; Rudiger Mehl, underwriting officer-life/health; Hans Rohlf, underwriting officer-U.S.
Contact: Denis M. Burk, assistant vp; 847-310-3852.
Information for Hannover Re and its subsidiaries is included in the consolidated Hannover Re Group listing.
Hannover Re Group
Karl-Wiechert-Allee 50, Hannover 30625, Germany; 49-511-5604-0; fax: 49-511-5604-188 www.hannover-re.com
1997 1996
Prem. written $3,733,809,650 $3,360,462,455
Prem. earned $3,753,459,125 $3,341,895,655
Capital/surplus* $1,485,065,725 $1,490,012,965
Net income $65,478,125 $71,925,070
Losses $2,525,478,775 $2,350,705,175
Loss ratio 67.3% 70.3%
Expenses $1,152,175,225 $903,609,315
Expense ratio 30.7% 27.0%
Combined ratio 98% 97.3%
Treaty 95% 97%
Facultative 5% 3%
Domestic 31% 38%
Foreign 69% 62%
Life** 25% 17%
Non-life 75% 83%
* Includes share capital subscription receivable and surplus debenture. ** Includes health business.
Founded: 1966.
Parent: Haftpflichtverband der Deutschen Industrie V.a.G.
Subsidiaries: E&S Ruckversicherungs-A.G. (E&S Rueck), Germany; Hannover Life Re of Australasia Ltd., Australia; Hannover Reinsurance (Ireland) Ltd.; Hollandia Reinsurance Group, South Africa; Insurance Corp. of Hannover, United States; International Insurance Co. of Hannover Ltd., United Kingdom; Reassurance Co. of Hannover, United States.
Employees: 982.
Locations: One domestic, 17 foreign.
Specialties: Property super catastrophe XL layers, professional liability, surety, fidelity, aviation, marine, credit, life, health, financial reinsurance, alternative risk financing/
securitization.
Officers: Wilhelm Zeller, chairman; Andreas-Peter Hecker, deputy chairman; Jurgen Graber, deputy member; Wolf Becke; Herbert K. Hass; Udo Schubach.
Contact: Denis M. Burk, assistant vp; 847-310-3852.
Hannover Reinsurance (Ireland) Ltd.
2 Custom House Plaza, IFSC, Dublin 2, Ireland; 353-1-612-5715; fax: 353-1-829-1400
1997 1996
Prem. written $173,328,000 $141,563,205
Prem. earned $165,294,100 $134,023,435
Capital/surplus $150,049,700 $176,080,695
Net income $25,399,475 $25,037,250
Losses $133,803,650 $91,276,350
Loss ratio 80.9% 68.1%
Expenses $49,123,400 $37,765,350
Expense ratio 29.7% 28.2%
Combined ratio 110.6% 96.3%
Treaty 100% 100%
Foreign 100% 100%
Life 4% 6%
Non-life 96% 94%
Founded: 1992.
Parent: Hannover Ruckversicherungs-A.G. (Hannover Re).
Employees: Eight.
Locations: One domestic.
Specialties: Financial reinsurance, balance sheet protection covers.
Officers: Reinhard Elers, managing director.
Information for Hannover Reinsurance (Ireland) Ltd. is included in the consolidated Hannover Re Group listing.
Hartford Re Co.
55 Farmington Ave., Suite 800, Hartford, Conn. 06105;
860-520-2700; fax: 860-520-2726
1997 1996
Prem. written $687,877,000 $570,616,000
Prem. earned $645,460,000 $528,895,000
Losses $473,248,000 $398,395,000
Loss ratio 73.3% 75.3%
Expenses $201,464,000 $152,828,000
Expense ratio 31.2% 28.9%
Combined ratio 104.5% 104.2%
Treaty 98% 98%
Facultative 2% 2%
Domestic 81% 75%
Foreign 19% 25%
Non-life 100% 100%
Founded: 1982.
Parent: Hartford Fire Insurance Co.
Employees: 175.
Locations: Four domestic, six foreign.
Specialties: Alternative risk, professional liability, fidelity, surety, marine, non-standard auto.
Officers: John Donahue, chairman; Dennis Zettervall, CEO; John Sullivan, president/COO-HartRe North America; Radha Radhakrishnan, president/COO-HartRe International.
Contact: Dennis Zettervall, 860-520-2723.