Hannover Re lifts 2024 profit target as 9M net income reaches €1.8bn and losses fall within budget

Share!

Reinsurance News - Nov 11, 2024

Large European reinsurer Hannover Re has raised its profit target for 2024 on the back of a 30.4% rise in net income to €1.8 billion for the first nine months of the year, as the reinsurance service result increased by more than 36% to €2.1 billion. Across the group, gross reinsurance revenue rose 6...

Read Full Article

Recommended Articles

CyberCube secures over $180m investment from Spectrum Equity

Posted: Oct 01, 2025

CyberCube, a provider of cyber risk analytics for the re/insurance industry, has secured a sizeable...

Acrisure completes acquisition of Global Payments’ payroll business

Posted: Oct 01, 2025

Global fintech Acrisure, has completed the acquisition of Heartland Payroll from Global Payments, In...

Adrian Morgan to lead Insurwave as CEO

Posted: Oct 01, 2025

Insurwave, an AI-driven exposure management company for specialty insurance, has announced the appoi...