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

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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...

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