Hannover Re’s 2023 net income improves as reinsurance revenue climbs to €24.5bn

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Reinsurance News - Mar 18, 2024

Hannover Re has disclosed that it generated net income of €1.8 billion for the 2023 financial year, up from €800 million in 2022 and beating its guidance of at least €1.7 billion. As a result of this, the firm’s earnings per share reached €15.13, up from €6.47 in 2022. Hannover Re explained th...

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