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Hannover Re to purchase Skandia's reinsurance portfolio. (Hannover Reinsurance Co; Skandia International Insurance Co)
From:
Business Insurance
| Date:
September 29, 1997| Author:
Kielmas, Maria
| COPYRIGHT 1997 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Hannover Reinsurance Co's specialty reinsurance business will expand considerably with its impending acquisition of the sizeable portion of Skandia International Insurance Co's reinsurance operations. For $136.1 million, Hannover Re will gain Skandia's entire portfolio of life and health insurance, facultative reinsurance, and aviation and space insurance, which all complement the former's business and growth strategy.
HANNOVER, Germany - Hannover Reinsurance Co. plans to expand its ...
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