Germany-based Hannover Re SE has seen continued success in facilitating transactions in the collateralised reinsurance and insurance-linked securities in the first half of this year, with a new full-year record already set, Artemis reported. For 2023, Hannover Re reported €5.1 billion ($5.6 billion) of collateral that had been furnished by investors as security for potential reinsurance obligations from ILS transactions for that year, up from €3.3 billion in 2022.
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