Hannover Rueck SE · XETR:HNR1
Hannover Rueck — Hannover Re — Non-Deal Roadshow (April 2006)
75 slides from Hannover Rueck's roadshow presentation, April 2006
Slide 1: Hannover Re North American Division
Hannover Re North American Division 0 April 2006
Slide 2: Hannover Re's North American Offices
General Info General Info P/C Treaty Northam. Offices Other special. 01#J North American Division HANNOVER RE'S NORTH AMERICAN OFFICES • TORONTO - Facultative Office • CHICAGO - Audit Team - Specialty Business - Marketing Office • NEW YORK - Specialty Business - Marketing Office • ORLANDO - Life Rea
Slide 3: Organization Chart - Underwriting
General Info General Info P/C Treaty Northam. Offices Other special. North American Division ORGANIZATION CHART - UNDERWRITING Juergen Graeber Member of the Board Hans Rohlf Managing Director N.A. Chief U/W Officer US-Property Canada, Special Casualty General Casualty Professional Multiline, Nuclear
Slide 4: Premium Development
General Info General Info P/C Treaty Northam. Offices Other special. North American Division PREMIUM DEVELOPMENT in m. USD 1759 1.800 1702 1.600 1539 1453 1361 1.400 1.200 1.000 764 800 600 471 370 400 200 0 1999 2000 2001 2002 2003 2004 2005 2006 (expected) Gross Written Premium (calender year) 3
Slide 5: Premium by Line of Business
General Info General Info P/C Treaty Northam. Offices Other special. North American Division PREMIUM BY LINE OF BUSINESS in m. USD 1.200 1.000 800 600 400 200 0 Casualty Property / Multi Line / Misc. Canada, Puerto Rico, Bahamas, Bermuda 1999 2000 2001 2002 2003 2004 2005 2006 (expected) 4
Slide 6: Trusteed Status
General Info General Info P/C Treaty Northam. Offices Other special. North American Division TRUSTEED STATUS Æ Collateral of more than $ 3 Bn* Æ Hannover Re is approved as Trusteed Reinsurer in 49 US-jurisdictions. Æ Credit for reinsurance • In these 49 states, domestic cedents can take credit for r
Slide 7: Travel Activities
General Info General Info P/C Treaty Northam. Offices Other special. North American Division TRAVEL ACTIVITIES of our division in North America Æ In 2005 Hannover Re underwriters travelled more than 500,000 miles and spent 132 weeks visiting clients 500,000 miles 132 weeks Æ We manage to squeeze mor
Slide 8: Top Brokers for our Home Office business
General Info General Info P/C Treaty Northam. Offices Other special. North American Division TOP BROKERS* for our Home Office business Others London Brokers 6% 8% Guy Carpenter 28% Towers Perrin 8% Willis 15% Aon 21% Benfield 14% •as of December 2005 7
Slide 9: Emphasis on Excess of Loss
General Info General Info P/C Treaty Northam. Offices Other special. North American Division EMPHASIS ON EXCESS OF LOSS measured by: UW Year 2006* UW Year 2005 UW Year 2004 Number of treaties Pro Rata 6,4% 7,1% 7,8% Excess of Loss 93,6% 92,9% 92,3% measured by: Gross Written UW Year 2006* UW Year 20
Slide 10: Our Capacity for Excess of Loss Programs
General Info General Info P/C Treaty Northam. Offices Other special. North American Division OUR CAPACITY FOR EXCESS OF LOSS PROGRAMS normal maximum (in m. USD) (in m. USD) Property Catastrophe: 30.0 60.0 Per Risk: 15.0 25.0 Casualty Workers' Comp: 10.0 15.0 Clash: 10.0 15.0 Risk-Exposed: 5.0 10.0 P
Slide 11: Lead Positions
General Info General Info P/C Treaty Northam. Offices Other special. North American Division LEAD POSITIONS Hannover Re Property 55% Multiline Business 75% Professional Liability 40% Special Casualty 90% General Casualty 50% Workers' Comp 45% Canada 40% Area - Account (Caribbean) 20% 10
Slide 12: Our Executive Management
General Info General Info P/C Treaty Northam. Offices Other special. North American Division OUR EXECUTIVE MANAGEMENT Juergen Graeber Hans Rohlf Member of the Head of the North American Executive Board Treaty Division 11
Slide 13: North American Division - Property
North American Division - Property - 12
Slide 14: Our Property Team
General Info P/C Treaty Northam. Offices Other special. North American Division OUR PROPERTY TEAM Bastian Hemmert, Dirk Heuer, Synke Putzehl, Andreas Steinweg, Jens Winkler, Bernhard Kaiser, Harald Schlie, (left to right) 13
Slide 15: US Property: How to access our team
General Info P/C Treaty Northam. Offices Other special. North American Division US PROPERTY "How to access our team" Æ US Property contains: Property / Multi-Line / Terrorism / Weather / Nuclear • Andreas Steinweg, S.V.P. (*-1243), Head of Department – Harald Schlie, V.P. (*-1292) – Dirk Heuer, V.P.
Slide 16: US Property: Premium development has reached its peak in 2005
General Info P/C Treaty Northam. Offices Other special. North American Division US PROPERTY Premium development has reached its peak in 2005 in m. USD 547 550 520 505 492 500 471 450 400 350 300 255 250 200 152 150 132 100 50 0 1999 2000 2001 2002 2003 2004 2005 2006 (expected) Gross Written Premium
Slide 17: US Property: Premium breakdown by type of treaty
General Info P/C Treaty Northam. Offices Other special. North American Division US PROPERTY Premium breakdown by type of treaty in m. USD 180 160 140 120 100 80 60 40 20 0 Proportional per Risk Cat * Multi-Line 1999 2000 2001 2002 2003 2004 2005 2006 (expected) * As from 2001 major parts of our cata
Slide 18: Terrorism Underwriting
General Info P/C Treaty Northam. Offices Other special. North American Division TERRORISM UNDERWRITING Æ We are one of the leading markets for providing quotations/ coverage on stand alone terrorism programs Æ We offer coverage below the TRIA retention Æ We support nationwide companies with substant
Slide 19: North American Division - Casualty
North American Division - Casualty - 18
Slide 20: US Casualty: Overall premium development is levelling off
General Info P/C Treaty Northam. Offices Other special. North American Division US CASUALTY Overall premium development is levelling off in m. USD 500 450 400 350 300 250 200 150 100 50 0 Professional Liability Standard Casualty / Workers' Comp Special Casualty 1999 2000 2001 2002 2003 2004 2005 200
Slide 21: US Casualty 2005: Portfolio balanced by Gross Written Premium
General Info P/C Treaty Northam. Offices Other special. North American Division US CASUALTY 2005 Our casualty portfolio is well balanced in terms of Gross Written Premium General Casualty Med Mal 5% 13% WCA Lawyers / 14% Errors&Omissions 6% Clash Directors&Officers / 3% Fidelity 14% Excess&Surplus L
Slide 22: Our Special Casualty Team
General Info P/C Treaty Northam. Offices Other special. North American Division OUR SPECIAL CASUALTY TEAM Axel Trieloff, Thomas Windheim, Uwe Kramp, Nina Peiseler, Wade Masinter (left to right) New Foto coming soon 21
Slide 23: Special Casualty: How to access our team
General Info P/C Treaty Northam. Offices Other special. North American Division SPECIAL CASUALTY "How to access our team" Æ Special Casualty contains: Umbrella/ Excess Casualty; Excess & Surplus Lines/ Programs; Transportation • Wade Masinter, S.V.P. (*-1249), Head of Department – Thomas Windheim, V
Slide 24: Special Casualty: Premium breakdown
General Info P/C Treaty Northam. Offices Other special. North American Division SPECIAL CASUALTY Premium breakdown in m. USD 240 220 200 180 160 140 120 100 80 60 40 20 0 Umbrella / Excess Casualty E&S / Programs Transportation 1999 2000 2001 2002 2003 2004 2005 2006 (expected) 23
Slide 25: Our Standard Casualty Team
General Info P/C Treaty Northam. Offices Other special. North American Division OUR STANDARD CASUALTY TEAM Marion Dill, Natalie Rafatdjah, Axel Freiboth, Sandra Eberhardt, Dirk Vogt (left to right) 24
Slide 26: US Standard Casualty: How to access our team
General Info P/C Treaty Northam. Offices Other special. North American Division US STANDARD CASUALTY "How to access our team" Æ US Standard Casualty contains: Workers Compensation / General Casualty / Clash • Axel Freiboth, S.V.P. (*-2011), Head of Department – Marion Dill, V.P. (*-1625) – Dirk Vogt
Slide 27: US Standard Casualty: Emphasis is on expansion of WC XLs
General Info P/C Treaty Northam. Offices Other special. North American Division US STANDARD CASUALTY Emphasis is on expansion of WC XLs in m. USD 120 110 100 90 80 70 60 50 40 30 20 10 0 Workers' Comp General Casualty Casualty Cat / Clash 1999 2000 2001 2002 2003 2004 2005 2006 (expected) 26
Slide 28: Our Professional Liability Team
General Info P/C Treaty Northam. Offices Other special. North American Division OUR PROFESSIONAL LIABILITY TEAM Anette Hinsch, Claudia Vespermann, Carola von Heimburg, Thomas Reinecke, Lutz Buchholz, Hartmut Gradtke, (left to right) 27
Slide 29: Professional Liability: How to access our team
General Info P/C Treaty Northam. Offices Other special. North American Division PROFESSIONAL LIABILITY "How to access our team" Æ Professional Liability • Carola von Heimburg, S.V.P. (*-1515), Head of Department – Hartmut Gradtke, S.V.P., Chief Underwriter (*-1245) – Anette Hinsch, V.P. (*-1475) – T
Slide 30: Professional Liability: Premium breakdown
General Info P/C Treaty Northam. Offices Other special. North American Division PROFESSIONAL LIABILITY Premium breakdown in m. USD 240 220 200 180 160 140 120 100 80 60 40 20 0 Med Mal D&O/Fidelity Lawyers E&O 1999 2000 2001 2002 2003 2004 2005 2006 (expected) 29
Slide 31: North American Division - Canada - Area Account - Blood & Livestock
North American Division - Canada - - Area Account - - Blood & Livestock - 30
Slide 32: Canada/Area Account/Blood & Livestock Team
General Info P/C Treaty Northam. Offices Other special. North American Division CANADA/ AREA ACCOUNT/ BLOOD&LIVESTOCK TEAM Heike Weber, Bernhard Leemhuis, Daniela Rohn, Roy Vincent, Jutta Dueker, (left to right) 31
Slide 33: Canada / Area Account / Blood & Livestock: How to access our team
General Info P/C Treaty Northam. Offices Other special. North American Division CANADA / AREA ACCOUNT / BLOOD & LIVESTOCK "How to access our team" Æ Canada Æ Area Account contains: Puerto Rico, Bermuda, Bahamas, Cayman Islands Æ Blood & Livestock worldwide • Roy-W. Vincent, S.V.P. (*-1246), Head of
Slide 34: Canadian Treaty Department
General Info P/C Treaty Northam. Offices Other special. North American Division CANADIAN TREATY DEPARTMENT Hannover Re is a licensed reinsurer in Canada CANADIAN OPERATIONS Æ Facultative Office • Established in 1989 • Three experienced underwriters • All classes of business emanating from Canada acc
Slide 35: Canadian Treaty Department: Premium development by line of business
General Info P/C Treaty Northam. Offices Other special. North American Division CANADIAN TREATY DEPARTMENT Premium development by line of business in m. CAD 50 40 30 20 10 0 Casualty Prop. Casualty NP Property Prop. Property NP Other Prop./ NP 2002 2003 2004 2005 2006 (expected) 34
Slide 36: Area Account: Premium development
General Info P/C Treaty Northam. Offices Other special. North American Division AREA ACCOUNT Premium development Area Account contains: Puerto Rico, Bermuda, Bahamas, Cayman Islands in m. EUR 50 40 30 20 10 0 Property Casualty 2002 2003 2004 2005 2006 (expected) 35
Slide 37: Blood & Livestock: Premium development
General Info P/C Treaty Northam. Offices Other special. North American Division BLOOD & LIVESTOCK Premium development in m. EUR 20 10,7 10 8,3 7,0 7,5 6,9 0 Blood & Livestock 2002 2003 2004 2005 2006 (expected) 36
Slide 38: North American Division - Business Management
North American Division - Business Management - 37
Slide 39: Our Business Management Team
General Info P/C Treaty Northam. Offices Other special. North American Division OUR BUSINESS MANAGEMENT TEAM Frank Rueckert, Andrea Guenther, Andreas Piegsa, Claudia Zacharias, Wibke Rodenberg, Thomas Nachtwey (left to right) 38
Slide 40: Business Management: How to access our team
General Info P/C Treaty Northam. Offices Other special. North American Division BUSINESS MANAGEMENT "How to access our team" Æ Business Management • Andreas Piegsa, V.P. (*-1229), Head of Department – Claudia Zacharias, V.P. (*-1657) – Andrea Guenther, A.V.P. (*-2027) – Frank Rueckert, Analyst (*-16
Slide 41: Business Management...
General Info P/C Treaty Northam. Offices Other special. North American Division BUSINESS MANAGEMENT... Æ … provides Management and Underwriters with information, reports and analyses Æ The duties are, e.g. • Various controlling duties and in-depth analyses • Collaterals • Compiling cedent/ broker st
Slide 42: Contact Information of our Hannover Teams
Contact Information of our Hannover Teams 41
Slide 43: Contact Persons by Line of Business
General Info P/C Treaty Northam. Offices Other special. North American Division CONTACT PERSONS BYLINE OF BUSINESS TD1 Head of Division Phone* Fax* E-mail Hans Rohlf -1291 -1822 hans-dieter.rohlf@hannover-re.com Assistants & Secretaries Phone* Fax* E-mail Kerstin Hanke -1615 -1757 kerstin.hanke@hann
Slide 44: Contact Persons for Line of Business
General Info P/C Treaty Northam. Offices Other special. North American Division CONTACT PERSONS FOR LINE OF BUSINESS TD1 Special Casualty Phone* Fax* E-mail W ade Masinter -1249 -1757 wade.masinter@hannover-re.com Thomas W indheim -1248 -1757 thomas.windheim@hannover-re.com Uwe Kramp -1661 -1757 uwe
Slide 45: Contact Persons for Line of Business
General Info P/C Treaty Northam. Offices Other special. North American Division CONTACT PERSONS FOR LINE OF BUSINESS TD1 Canada Phone* Fax* E-mail Roy Vincent -1246 -1822 roy-william.vincent@hannover-re.com Jutta Dueker -1754 -1822 jutta.dueker@hannover-re.com Bernhard Leemhuis -1953 -1822 bernhard.
Slide 46: Accounting North America
General Info P/C Treaty Northam. Offices Other special. ACCOUNTING NORTH AMERICA Vera Maria Schneider Beatrix Sobotta Claims Counsel Ramona Schmidt Associate Director Secretary Phone: +49/511/5604 -2226 Phone: +49/511/5604 -1555 Sigrid Niemann Phone: +49/511/5604 -1202 Claims Counsel Fax : +49/511/5
Slide 47: Our North American Offices
Our North American Offices 46
Slide 48: Audit Team
General Info P/C Treaty Northam. Offices Northam. Offices Other special. Foreign Offices AUDIT TEAM Llew Berry, Mort Zelman, Dennis Ryan, Denis Burk, Mary Chlebowski, Barry Johnson (left to right) 47
Slide 49: Audit Team: How to access our team
General Info P/C Treaty Northam. Offices Northam. Offices Other special. Foreign Offices AUDIT TEAM: "How to access our team" • Denis Burk, V.P., Head of Department *-5521 (denis.burk@hannover-re.com) – Barry Johnson, A.V.P. *-5523 (barry.johnson@hannover-re.com) – Dennis Ryan, A.V.P. *-5522 (dennis
Slide 50: Audit Team
General Info P/C Treaty Northam. Offices Northam. Offices Other special. Foreign Offices AUDIT TEAM Æ Hannover Re's Audit Office in Illinois is staffed by experienced insurance professionals, all of whom hold the CPCU designation Æ We rely on them to ... • provide timely and accurate audit reports t
Slide 51: US Representative Office Chicago / New York
General Info P/C Treaty Northam. Offices Northam. Offices Other special. Foreign Offices US REPRESENTATIVE OFFICE Chicago / New York Rudi Gruson, Eric Arnst 50
Slide 52: US Representative Office: How to access our team
General Info P/C Treaty Northam. Offices Northam. Offices Other special. Foreign Offices US REPRESENTATIVE OFFICE: "How to access our team" Æ Eric Arnst, CPCU, AFSB, V.P. (eric.arnst@hannover-re.com) Tel. +1 / 630 / 250 – 5517 Cell +1 / 646 / 387 – 4093 Æ Rudi Gruson, ARe, A.V.P. (rudi.gruson@hannov
Slide 53: US Representative Office
General Info P/C Treaty Northam. Offices Northam. Offices Other special. Foreign Offices US REPRESENTATIVE OFFICE Æ was established in 1999 Æ provides Hannover Re with a source of information in the US Æ offers Hannover Re partners a method of access to Hannover Re‘s underwriters in the same time zo
Slide 54: Other specialized business entities
Other specialized business entities 53
Slide 55: Hannover Re Bermuda Ltd (HRB)
General Info P/C Treaty Northam. Offices Other Other special. special. Foreign Offices HANNOVER RE BERMUDA LTD (HRB) HRB is headed by Dr. Konrad Rentrup, President and CEO Hannover Re (Bermuda) Ltd. 50 Parliament Street, 2nd Floor Hamilton HM12, Bermuda Tel: + 1 441 294 3110 Fax: + 1 441 296 7568 E-
Slide 56: Hannover Re Bermuda Ltd (HRB): How to access our team
General Info P/C Treaty Northam. Offices Other Other special. special. Foreign Offices HANNOVER RE BERMUDA LTD (HRB): "How to access our team" Æ Konrad Rentrup, (konrad.rentrup@hannover-re.bm) *294 - 3111 – Michele Roberts (michele.roberts@hannover-re.bm) *294 - 3116 • Underwriting – Dirk Hasselkuss
Slide 57: Hannover Re Bermuda Ltd (HRB)
General Info P/C Treaty Northam. Offices Other Other special. special. Foreign Offices HANNOVER RE BERMUDA LTD (HRB) Æ HRB • …is a key strategic holding of Hannover Re • …is the provider of property catastrophe xol reinsurance within the Group • …was licensed as a class four reinsurer in Bermuda, in
Slide 58: Hannover Re Bermuda: Premium breakdown by line of business and region
General Info P/C Treaty Northam. Offices Other Other special. special. Foreign Offices HANNOVER RE BERMUDA LTD (HRB) Premium breakdown by... Æ line of business: Æ region: Personal Workers Accident Cat Comp. Cat South Caribbean 6,0% 5,0% America 1,1% 3,5% Australasia Terrorism 9,1% 5,0% North Asia in
Slide 59: Facultative Business: North America, Multinational & E-Business
General Info P/C Treaty Northam. Offices Other Other special. special. North American Division FACULTATIVE BUSINESS North America, Multinational & E-Business Ralph Beutter Kathleen Masenga Associate Director Facultative US Rep Office Meike Rudolf Assistant Phone: +49/511/5604 -1293 *-1271 Phone: +1/
Slide 60: Facultative Business: Facultative Casualty
General Info P/C Treaty Northam. Offices Other Other special. special. North American Division FACULTATIVE BUSINESS Facultative Casualty Æ Maximum capacity $10 Million / $15,000 net for Hannover Re share Æ Response time If all required information (see below) is contained in the submission (ONLY via
Slide 61: Facultative Business: Facultative Casualty
General Info P/C Treaty Northam. Offices Other Other special. special. North American Division FACULTATIVE BUSINESS Facultative Casualty • Professional Liability / E&O – Minimum attachment point of $ 2 million – Excluded classes: Medical Malpractice, Accountants E&O, Financial Institutions / Fiducia
Slide 62: Facultative Business: Facultative Property
General Info P/C Treaty Northam. Offices Other Other special. special. North American Division FACULTATIVE BUSINESS Facultative Property Æ Maximum capacity • $57.5 Million Æ Minimum certificate premium • $15,000 net for Hannover Re share. Æ Response time • Promised 48 hours contact. If all informati
Slide 63: Facultative Business: Facultative Property
General Info P/C Treaty Northam. Offices Other Other special. special. North American Division FACULTATIVE BUSINESS Facultative Property Æ Preferably Excess of Loss Æ Target classes • Hospitals, High Tech, Automobile manufacturing and supply, Steel, Hotels, Casinos, Aerospace, General Manufacturing,
Slide 64: Advanced Solutions: Non-traditional Reinsurance Products
Advanced Solutions Non-traditional Reinsurance Products 63
Slide 65: Advanced Solutions Contact
General Info P/C Treaty Northam. Offices Other Other special. special. Advanced Solutions CONTACT http:// www.hannover-re.com/advanced-solutions – CHICAGO – DUBLIN Your contact person in Ireland Henning Ludolphs Managing Director Hannover Reinsurance (Ireland) Limited No. 2 Custom House Plaza, I.F.S
Slide 66: Advanced Solutions Contact
General Info P/C Treaty Northam. Offices Other Other special. special. Advanced Solutions CONTACT http://www.hannover-re.com/advanced-solutions – Dublin Your contact person in Ireland Tom Doran Associate Director Hannover Reinsurance (Ireland) Limited No. 2 Custom House Plaza, I.F.S.C. Dublin 1 +353
Slide 67: Advanced Solutions Contact
General Info P/C Treaty Northam. Offices Other Other special. special. Advanced Solutions CONTACT http://www.hannover-re.com/advanced-solutions – Hannover Your contact person in Germany Silke Sehm Associate Director Hannover Rückversicherung AG Karl-Wiechert-Allee 50 30625 Hannover +49/511/5604-1616
Slide 68: Advanced Solutions Profile
General Info P/C Treaty Northam. Offices Other Other special. special. Advanced Solutions PROFILE Æ is HR’s specialist business group for customised and non- traditional reinsurance solutions; Æ has underwriting offices in Dublin (Ireland) and Hannover (Germany), and a representative office in Chica
Slide 69: Advanced Solutions Products
General Info P/C Treaty Northam. Offices Other Other special. special. Advanced Solutions PRODUCTS Should you be looking for ... Æ cost efficient reinsurance structures; Æ coverage for special situations; Æ protection of an insurer’s whole net account, or portions thereof; Æ an improvement of capita
Slide 70: Credit, Surety & Political Risk Division
Credit, Surety & Political Risk Division 69
Slide 71: Organizational Structure
General Info P/C Treaty Northam. Offices Other Other special. special. ORGANIZATIONAL STRUCTURE Experienced and stable team of professionals Credit, Surety and Political Risk Division Dr. Werner Jäger Managing Director Iris Olms Assistant Credit, Surety and Political Risk worldwide Jan Müller Associ
Slide 72: Credit, Surety and Political Risk Division Team
General Info P/C Treaty Northam. Offices Other Other special. special. CREDIT, SURETY AND POLITICAL RISK DIVISION TEAM North America and Puerto Rico Market Representative Market Representative Eric Arnst Sharon Sartori Antje Seiffert Vice President Deputy Underwriter Tel. +1 / 630 / 250 – 55 17 Tel.
Slide 73: Key Portfolio Information
General Info P/C Treaty Northam. Offices Other Other special. special. CREDIT, SURETY AND POLITICAL RISK DIVISION Key Portfolio Information Premium Number of Number of Country in m. € in % clients in % treaties in % USA 65,8 92,8% 20 71,4% 53 73,6% Canada 5,1 7,2% 8 28,6% 19 26,4% Total 70,9 100,0%
Slide 74: North America Profile and Products
General Info P/C Treaty Northam. Offices Other Other special. special. CREDIT, SURETY AND POLITICAL RISK DIVISION North America Profile and Products Æ Our Specialty Division offers Proportional and Non-Proportional Reinsurance Solutions for the following products: • Traditional Trade Credit • Surety
Slide 75: Thank you for your attention!
Thank you for your attention! 74