The company currently expects group net income of around €1,050m for 2018; a level of more than €1bn had been guided. The gross written premium rose by 7% to €19bn for FY2018 compared to FY2017. It was up by 11% adjusted for exchange rate effects. The net income guidance in the order of €1.1bn for 2019 was confirmed. Hannover Re will publish detailed information on the FY2018 on 7 March 2019. Of the total premium volume booked in the previous year in traditional property a
05 Feb 2019
Good preliminary net profit and strong January treaty renewals
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Good preliminary net profit and strong January treaty renewals
Hannover Rueck SE (HNR1:WBO) | 0 0 0.2% | Mkt Cap: 13,386m
- Published:
05 Feb 2019 -
Author:
Dieter Hein -
Pages:
2
The company currently expects group net income of around €1,050m for 2018; a level of more than €1bn had been guided. The gross written premium rose by 7% to €19bn for FY2018 compared to FY2017. It was up by 11% adjusted for exchange rate effects. The net income guidance in the order of €1.1bn for 2019 was confirmed. Hannover Re will publish detailed information on the FY2018 on 7 March 2019. Of the total premium volume booked in the previous year in traditional property a