Our Philosophy
The business philosophy which Hannover Life Re has developed
over the years and which will guide us well into the 21st
century rests on three basic principles:
- Focus
- Partnership
- Solutions
'Focus' reflects our attitude of restricting our
involvement to marketplaces where we excel and where we can
deliver above-average value to our clients. The flip side of
this coin is our uncompromised conviction to shy commodity
markets – no matter how important they may be considered
by others – where price plays the dominating role in
reinsurance placements.
The 'partnership' aspect details our desire to build
long-term relationships with our customers, with the intention
of creating 'win-win-situations'. The role of reinsurer
evolves into a trusted advisor, with CRM playing a vital role in
structuring the relationships between primary insurers and their
reinsurer.
The paramount and ultimate purpose of Hannover Life Re is to
design, structure and implement 'solutions'. These
solutions need to be transparent, they have to be compliant with
local regulatory and auditing practices and they have to meet
the requirements of rating agencies –a number of
stakeholders have to be taken into consideration.
By applying these principles, we firmly believe that Hannover
Life Re will continue to be a business success as over the past
10 years, in which we have grown from a 'nobody' to one
of the leading players in the arena of international life
reinsurance.
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