Financial Solutions
Hannover Life Re has considerable experience in financial reinsurance in the life and health sector.
Financial solutions refer to financial partnerships with primary insurers: long term assets are created through a mutual investment; both parties reaping the gains of the cooperation after a specified period. A typical asset would be a portfolio of life policies. A typical transaction would be a quota share treaty for financing new business (acquisition costs).
Our financial solutions enable our clients to:
- absorb new business strains
- enter into new ventures
- support mergers and acquisitions
- optimise tax, solvency and surplus requirements
- release embedded values for maturing profits
We are well placed to work with many different types of clients to achieve the desired financial effect:
- Hannover Life Re is backed by Hannover Re's strong capitilisation
- We generate a long-term asset for the specific needs of our clients
- Our international network enables us to complete transactions in different parts of the world quickly and easily
- We have dedicated teams who can work closely with clients to complete deals within the required timeframes
Success Factors:
- Actuarial modeling of the reinsurance portfolio including sensitivity analysis
- Due diligence of the insurance company
- Alignment of interest between the partners
- Incentives for partners
- Extent of the financial investment
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