S&P revises Hannover Re outlook
Standard & Poor's Ratings Services (S&P) has revised its outlook on German reinsurer Hannover Rückversicherung (Hannover Re) and other core members of the Hannover Re group to stable from negative.
"The outlook revision reflects the reduction in exposure to reinsurance recoverables and improved financial flexibility following the successful flotation of an additional 21% of shares in 2004," saidOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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