Hannover Re achieves higher net income but major losses dent P&C underwriting result

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Reinsurance News - Mar 09, 2023

Hannover Re, one of Europe’s big four reinsurers, has announced a rise in net income for the full year 2022, although the firm’s property and casualty (P&C) combined ratio deteriorated to 99.8% as large loss expenditure exceeded expectations for the sixth consecutive year. Group-wide...

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