Loss estimate for Hannover Re from the Christchurch earthquake

	
Hannover Re anticipates a net loss burden of some EUR 150 million for the earthquake in the New Zealand city of Christchurch
	
on 22 February 2011.
	
 
	
The estimate is based on an insured market loss in the order of NZD 10
	
billion. Even if this figure rises, Hannover Re's loss expenditure will not
	
increase on account of its retrocession structure.