Hannover Re posts rise in net income despite large losses exceeding budget for 9M 2022

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Reinsurance News - Nov 03, 2022

German reinsurer Hannover Re has reported group net income growth of 1.7% to €871 million for the first nine months of 2022, despite the firm’s net large losses coming in above budget for the period at €1.484 billion. Alongside slight growth in net income, Hannover Re’s 9M 2022 operating...

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