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Financial strength ratings

A.M. Best and Standard & Poor’s, the rating agencies of particular relevance to the insurance industry, assess the financial strength of Hannover Re on the basis of an interactive rating process and have awarded it very good ratings. The rating agencies highlight in particular the strength of the Hannover Re Group’s competitive position, its capitalisation and its risk management.

Financial strength ratings of the Hannover Re Group
  Standard &
A.M. Best
Rating AA- (Very
A+ (Superior)
Outlook Stable Stable
Financial strength ratings of subsidiaries
  Standard & Poor's A.M. Best
E+S Rückversicherung AG AA- A+
Hannover Life Reassurance
Africa Ltd.
A- -
Hannover Life Reassurance
Bermuda Ltd.
AA- A+
Hannover Life Reassurance
Company of America
AA- A+
Hannover Life Re
of Australasia Ltd.
AA- -
Hannover Reinsurance
Africa Ltd.
A- -
Hannover Re (Ireland) Plc AA- A+
Hannover Re (Bermuda) Ltd. AA- A+
Hannover ReTakaful B.S.C. ( c ) A -
International Insurance Company
of Hannover Ltd.
AA- A+
Issue ratings of issued debt

As part of the process of rating Hannover Re the rating agencies also assess the debt issued by the Hannover Re Group.

All of our bonds issued by Hannover Finance (Luxembourg) S.A. are rated “a+” by A.M. Best and “A” by Standard & Poor’s.


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