Major reinsurer Hannover Re is planning to invest more than €6 million (around £5.1 million) in government-backed research and development programme Dublin Digital, the focus of which is next-generation digital innovation in the world of underwriting.

In a release by Ireland’s Department of Enterprise, Trade, and Employment, it was noted that Hannover Re’s investment will see the creation of up to 16 jobs in Dublin over the next three or four years.