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Moody’s upgrades Hannover Re

Moody's Investors Service has upgraded the insurance financial strength rating (IFSR) of Hannover Reinsurance to A3, from Baa1 and the rating on guaranteed subordinated debt of Hannover Finance to Baa2, from Ba1.

The insurance financial strength rating of Hannover Re's subsidiary E+S Rückversicherungs was also upgraded, to A3 from Baa1. The outlook on all ratings is stable. Moody's said that the action taken

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