Hannover Re’s net income rises as P&C reinsurance CoR strengthens to 88%

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Reinsurance News - May 14, 2024

Global reinsurer Hannover Re has announced a 15% rise in net income to €558 million in its first quarter 2024 results, with a reinsurance underwriting result of €720 million, up 27% year-on-year. Group-wide, Hannover Re’s operating profit rose 13% to €811 million from €720 million in Q1 2023,...

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