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Industry: Email Alert RSS FeedGerman Reinsurer Selects Depositary
Global Finance, May 2004 by Platt, Gordon
Hannover Rueckversicherung, or Hannover Re, selected Bank of New York as successor depositary for its ADR program in the US over-the-counter market.
With a network of 100 subsidiaries and offices in 19 countries and gross premiums of $15 billion, Hannover Re is one of the five largest reinsurers in the world. It has business relations with 2,000 insurance companies in 100 countries.
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-Gordon Platt
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