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Re-ratings - Moody's flags up Hannover Re for possible upgrade.

Europe Intelligence Wire

| February 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Reinsurance)

Moody's Investors Service has placed the financial-strength and subordinated-debt ratings on Hannover Re Group members on review for possible upgrade.

Hannover Re is currently rated Baa1 for insurance financial strength (IFSR), while its subsidiaries E+S Re and Hannover Finance (guaranteed by Hannover Re) are respectively rated Baa1 for IFSR, and Ba1 for subordinated debt.

Moody's said that the review follows the reduction in Hannover ...

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