German reinsurer Hannover Re might not be in the limelight as frequently as some of its competitors, but its size puts it firmly in the big league of global reinsurers. The firm recorded gross written premiums of $12.3 billion in 2006 - making it the world's fourth largest reinsurance group. It also punches well above its weight in risk management, marking itself out as particularly innovative during the past year.
Originally established to underwrite the insurance business of German mutual
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