Hannover surfaces in euros for rare senior trade

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Senior Debt

Hannover surfaces in euros for rare senior trade

Jasper Cox
April 11, 2018 01:00 PM
HannoverRe_PA_230x150
13 March 2018, Germany, Hannover: The headquarters of Hannover Re (German: Hannover Rueck). The world's third-largest reinsurance company, Hannover Re, was hit - like its competition - by the catastrophic year of 2017, the most expensive year in history for the reinsurance industry in terms of natural catastrophes. Photo: Holger Hollemann/dpa | Holger Hollemann/DPA/PA Images

Hannover Rück, the German insurer, came to the market on Wednesday with a senior bond, giving investors a rare opportunity to purchase its debt.

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Jasper Cox
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